how to answer the salary question in an application?
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What to Put for Desired Salary on Job Applications. The best way to answer desired salary or salary expectations on a job application is to leave the field blank or write 'Negotiable' rather than providing a number. If the application won't accept non-numerical text, then enter “999,” or “000”.
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["Consider the employer's perspective: Why are they asking the question? ... ", 'Listen to ensure that you really understand the question and can answer effectively. ... ', 'Provide a concise and complete response. ... ', 'Prove your experience with examples and factual statements. ... ', 'Ensure that you optimize on your transferable skills.']
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['List your accomplishments from the past six months, the year and your lifetime with the company. ... ', 'Know what a competitive salary looks like for your position. ... ', "Let your boss know what's in it for them. ... ", 'Be confident. ... ', 'Provide your request in writing.']
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['Net Salary = 594,000 – (45,000 + 51,840)', 'Net Salary = 594,000 – 96,840.', 'Net Salary = 497,160.']
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If you decide to share a range for desired salary in the interview, always make it a broad range, like $40,000-60,000. And state your desired range boldly. Don't be tentative, or offer the range in the form of a question. Then, immediately shift the conversation back to the skills and value you will bring to the role.
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["Tell the truth. Be honest about what you make, but also say how much money you'd require to accept the new position. ... ", "Explain what you'd like to make. ... ", "Don't say exactly what you'd like to make, but offer a salary range. ... ", 'Turn the question on its head.']
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Applicants “should not disclose their previous salary but instead reframe their answer to express their salary expectations or requirements for the job,” according to Hoy. In other words, tell them what you expect to make, not what you're currently paid.
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['Ask About Benefits. ... ', 'Ask if the Salary Is Negotiable. ... ', 'Ask About Other Perks. ... ', 'Ask about Vacation Time. ... ', 'Ask What Other Employees Say About the Company. ... ', 'Ask About Incentive Compensation. ... ', 'Ask About Relocation Expenses. ... ', 'Ask About Education Opportunities.']
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['Do your Research. Learn as much as you can about the position and compare salaries with other companies and similar job titles. ... ', 'Give a Range. ... ', 'Aim High.In your range, you should include as high of a salary as you can justify based on your education, experience, and skills.']
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Tips to determine and communicate salary expectations For example, if you want to make $45,000, don't say you're looking for a salary between $40,000 and $50,000. Instead, give a range of $45,000 to $50,000. Some employers are interested in your answer as well as your delivery.
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['1) Tell me a little about yourself. ... ', '2) Why do you want to work for this company? ... ', '3) Do you consider yourself successful? ... ', '4) Are you willing to travel? ... ', '5) What are your salary expectations?']
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Next, find the difference between the salary offer and the minimum salary. In this example, assuming the offer was $55,000, the difference would be $10,000. Finally, divide this difference by the difference in salary range. For this scenario, $10,000 would be divided by $30,000 to give a percentage of 33%.
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Here's an example script for asking for a raise: Thank you for taking the time to meet with me today. In my current role, I'm excited to keep working towards key company goals and grow my personal responsibilities. As a result, I'd like to discuss my salary.
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Tips for Giving the Best Answers You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I'm sure we can come to an agreement on salary.” This will show that you're willing to negotiate.
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A good rule of thumb is to keep the lower end of your range at least 10 percent above your current salary, or the number you determine is a reasonable salary for the position. For example, if you currently earn $50,000, you may say that your range is $55,000 to $65,000.
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You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I'm sure we can come to an agreement on salary.” This will show that you're willing to negotiate.
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If you know you were underpaid from looking at your market value, don't hesitate to say so. Sample language: “My previous salary was below market value at [current salary], so based on my skill set, experience, and research about this position, I'm seeking [salary range].”