When asked for your salary expectations?

When asked by a potential employer the question of what you expect for salary what do you give as an answer?
I was asked that question earlier and my response was 'i would expect to be upwards of xxxxx'
Bad answer? Good answer? Which way do you play it?
I was asked that question earlier and my response was 'i would expect to be upwards of xxxxx'
Bad answer? Good answer? Which way do you play it?
Comments
“The measure of an individual can be difficult to discern by actions alone.” – Thane Krios
I feel like you should have a good idea of how much your worth, how much you need to do X job, and have a decent understanding of the job before you'd even be asked that question. (unless your talking about one of those online forms some companies ask to fill out when you apply)
I have made the mistake of providing a range that is based on what the benefits are like. So, you have one of two scenarios, they hone in on the low number... and their benefits are of the variety that they would require the top end of your range, or they are ready to go much higher and just give you the top end when you left money on the table.
The best solution is to get them to throw out numbers first. Next best, delay and get a better sense of things. Worst case, come up with your range... make your top number the bottom, and add a little, within reason.
Now don't throw out any pie in the sky "1 million dollars" type of deals cos ya gotta be realistic, but really its a lot worse to undershoot than to aim for the moon.
Salary surveys are a good starting point that doesn't always tell the whole story. Ever read those threads on here about guys who are miffed because a new person comes in, same/similar role, same job code, same cube, new guy walks in with $10,$20,$30 thousand more than you're making? Thats what it took to get them over there, you can be the same way.
and there's "compensation" expectations.
Salary is just one component of your Compensation.
For instance,
you can be low on the salary, but still negotiate
x weeks vacation,
x weeks sick-time,
x dollars training/tuition-reimbursement.
x days Remote/tele-commute.
100% health premium (paid by your employer)...
get the picture?
but to answer your question,
I'll usually say something like "35-40 per hour".
First, putting it in "per hour" makes them do math (which can catch them off-guard).
Second, give them a range; so you can give yourself some wiggle.
my 2 cents...
Here, UK, there is no chance of negotiating holidays, sick allowance, health premium.
Also the majority, in fact i would say nearly all, jobs above help desk level are salaried.
Ive never heard of an hourly paid network engineer
Your total compensation package should be the driver. A company can offer you $100k salary per year, but if you're paying $600+ a month for benefits, have minimal PTO and they offer little or no 401k matching, then it doesn't seem so great.
Companies will do everything possible to get you to take the bare minimum. I usually try to keep it simple. If you are taking a higher level position your take home pay should be 20-30% more. If it's a lateral move, then maybe between 10-15%.
Not to mention, once you have an offer, you have better postion to negotiate because they likely arent going to want to go back to the drawing board.
Lastly, even if you have a number that you want, you still shouldnt say it first. Because maybe their number is more. If you say yours first, you are leaving money on the table.
Learning to negotiate can be the difference in hundreds of thousands of dollars over your career. I would suggest investing in some books on the subject or watch a few youtubes on it. It can really make a huge impact on your career.
2. asked for a range if you can.
3. tell them what you are expecting.
if you dont have much cert and experience then i wouldnt even ask for the range or demand for a salary until they say they want you.
im too old for the salary range game. personally, i asked them whats the pay and what i expect. i dont show up nor entertain anymore interviews that dont tell me the salary.