Salary Ika - 01

The good news: Earlier this week, I got a phone interview. The bad news: I thought the interview was going well until I was asked the dreaded “What’s your salary expectation” question.

It’s not that I don’t want to talk money — I love money! — but I find it a little hard to talk about very early in the interview process.

Anyway, just like a normal person would, I turned to my tweeps after the interview for advice on how to handle the question in the future. Mistakes are awesome if you can learn from them, and this is one mistake I intend on learning from.

Anyone have tips on how to answer the "What's your salary expectation" question? I bombed this question earlier today... #help #jobhunt
@kcclaveria
Kelvin (KC) Claveria

During the interview

The biggest advice I got was to expect the question. In this case, I made the assumption that it won’t be asked because it’s a first interview (and over the phone) — obviously, I was wrong!

Research is key. You’d want to have a good idea of what’s the acceptable range in your industry.

@ lots of research ahead of time to find typical salary range for the position.
@chelsetron
Chelsea Watt

@ be sure to know the value of the job and give a salary range and 2-3pts why you fit in that range
@customersright
David Hannigan
@ i usually say i expect to be reasonally compensation according to industry standards; either directly or through benefits
@melodymyzhang
Melody Zhang

To research average compensation in your industry, some websites you can check out are PayScale.com (for annual salaries) and the HRSDC Labour Market Information (for hourly wages).

One of the most interesting advice I got came from an HR professional. Her advice was to emphasize that you’d like to learn more about the position:

@ Tell them it's something you are happy to discuss later in the process but right now you're focusing on whether you are
@floyvr
Florence Lee
@ a good fit for co. If they push then ask what range they typically pay for this position. You can also do salary research
@floyvr
Florence Lee

Putting salary expectation on your resumé

A day after I asked my question, I noticed that @alexjuy, a fellow job seeker, asked a similar question. This time, he was concerned about putting a figure on his resumé.

@ @ @ expect to be compensated fairly. Know the avg salary for that job and give a range around it. #jobhunt ^dl
@SFU_Career
SFU Career Services
@ @ @ my internet research has suggested at the end, throw in the word negotiable and a reason why #jobhunt
@alexjuy
Alex Juy

I guess the bottom line for both cases is this: do enough research, provide an acceptable range, and show willingness to negotiate.

Would love your thoughts!

I’m pretty sure these tips are not comprehensive yet. What other tips do you have on how to answer the salary expectation question during an interview? Please share in the comments and help a job seeker out. :)

Photo: Buffawhat | Flickr

© 2011, KC Claveria. Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. Please link back to kcclaveria.com

  • http://twitter.com/richerd Richerd

    You should generally know what you’re position and skill set is worth a head of time.  It makes negotiating a lot easier. 

    When you set your salary expectation you should usually aim a bit higher then what you desire (+5%) because most of the time employers are not proactive in giving raises in the future. Also when they reply back to you with their suggest salary, don’t be afraid to ask for a little bit more.  In one of my previous jobs i got an extra $2000 added to my salary just by asking right away.

    When it comes to personality and hiring my biggest suggestion is to be confident in yourself and your skills.

    • http://kcclaveria.com KC Claveria

      Thanks, Richerd! Those are great tips. Confidence is (almost) everything!

  • Anonymous

    Congrats on the phone interview!

    Ya, big emphasis on research. Incorporating it into your cover letter is also slightly awkward. :S

    • http://kcclaveria.com KC Claveria

      So far I haven’t applied to any position yet that required putting the salary expectation on the resumé. I can definitely see it being awkward though!

      I’m sure you’ll get an interview soon as well! :P