It’s increasingly common for employers to ask for your salary expectations early in the hiring process (some wanting you to include it with your cover letter or in an online application). And while there is plenty of advice out there telling you not to give a number until you are further along in the application process, the truth is you might not be able to move forward at all if you don’t give a number. With this fact in mind, how should you determine what number to give?
On US News and World Report – Careers, Alison Greene tackles this issue again by highlighting six tips to keep in mind when an employer asks for your salary expectations at the beginning of the hiring process. Here are two that stood out to us:
Don’t base your salary range on what you want or need, rather than on what the market says you’re worth. Too often, people come up with their desired salary by thinking about what they’d like to earn, rather than looking at hard data about their market value. This can make you come across as naive to employers, so make sure your number is correlated to the market.
Don’t name a range if you’d be unhappy with the lowest end of it. If you give a wide range like “$40,000 to $55,000,” don’t be surprised if you’re offered $40,000, because that’s what you told the employer you’d accept willingly. So choose your range carefully, realizing that the employer may only focus on the lower end of it. (Similarly, many employers resist giving out their own ranges because so many candidates only hear the highest end.)
Read the rest of her advice on US News and World Report – Careers.
How have you handled this request? Any tips to add? Share your experiences in the comments.