Friday, October 16, 2015

HOW TO COMFORTABLY HANDLE SALARY ISSUE IN AN INTERVIEW


 “How much do you want us to pay you for this job?” This is a commonly asked question that you will always encounter when the interviewer prompts you to answer. On the other hand, you may be on the verge of rising up the corporate ladder and your opinion is required in relation to the salary increment you would suggest. For many, it has always been a challenging scenario, since they may not want to find themselves overquoting (which is more prevalent) or underquoting which may be misinterpreted as them demanding too much or not being too good for the job respectively.

So, how can you overcome this salary remuneration dilemma? Here are some tips for you:

1.      Conduct online research of the company’s payroll
Going to an interview when you are completely unaware of the expected salary plus the stipend you are to receive will utterly subject you to compliance with what ultimately may be suggested to you. Through awareness, it enables you to create a platform for negotiation which if your suggestion is fair, it may actually be adopted!

2.        Consider the worthiness of your skills and experience
Apparently, even the employers understand the different job categories and the salaries offered. You should ask yourself; are you worth the salary offered? If you believe you have what it takes to negotiate for the best salary in the area of your expertise upon given an opportunity, confidently give out your suggestions. Most probably, yours may be considered upon liaison.

3.      It is good if you give a reasonable range
You should be a bit cautious when giving the margin of the salary that you anticipate. Naturally in most cases, employers would at first prefer to consider the lowest range you have given. Thus by tactfully negotiating for the best pay, you should convince them on why they should give you the topmost that you have suggested. Though nowadays, this approach is diminishing and more focus is put on the exact value.

4.      Check on what the market is offering for that job
By properly identifying critically on what other people in the same field are actually receiving in average, this would give you a distinctive insight on what you can set on the table. Your expectation should actually have minor differences if the organization operates just like others.

5.      Sometimes show that you are ready to turn down the unfavorable offer
This is in the situation where the offer may not be able to meet your stipulated financial needs in the short run or long run. You can give the interviewer your projections on how you are to probably allocate the salary. This may prompt room for further negotiations that will arrive to what you can comfortably take.

With those tips, they will help you overcome the fear and the challenge emanating from salary-related issues.

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