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… You’ve been job hunting for a while, and you finally hear back about a job you really want. Director compensation is determined as part of the GitLab Compensation Calculator and is comprised of base salary and bonus. What now? To me, this sounds like a reasonable figure.” This answer ticks the box of sticking to a salary range and highlighting the fact that you’ve done research. You may also need to educate employees to reset expectations appropriately. Your employer must pay you your full base salary each pay period unless a permissible deduction applies. I would be happy to discuss this if we find that we are a good match". © 2021 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans. 5. reduce turnover and encourage company loyalty. Salaried employees are typically expected to work a minimum number of hours in exchange for their base pay, but they may work additional hours without more compensation and are not required to track the hours that they have worked. They are essentially asking how much you are currently being paid and how much pay you … YASIR. Still have questions? If the job candidate only considers the base salary of the two offers, then Offer A “wins” by $5000 (and in Year Two any raise is based on the higher base). 4. Timing, tact and research are all key to your success when discussing money with a potential employer. Once you have the offer intention: Now, we're talking. About me: 3 years experience in US with a master degree attending Software Dev II Engineer position in Amazon. Join. … First of all, we recommend that you do your homework. Join career expert and award-winning author Andrew LaCivita for today's video on the best answer to "What's your expected salary?" Phrase your answer by citing, briefly, the points you think are salient to compensation expectations. Don't be unrealistic, on either the low or high side - once you state a range, you reduce your ability to negotiate. Should employee expectations around total compensation packages radically differ from your organization’s approach, you may need to revisit your market pricing to understand if you’re out of alignment with the competitive conditions and market rates of your local pay markets. The rest of this article shows how to estimate expected total returns with a real-world example. Responding with a request for a pay increase "My current salary is $60,000, which is the maximum compensation that my employer allows for this position. Do you have wisdom to share with others in the workplace? We and third parties such as our customers, partners, and service providers use cookies and similar technologies ("cookies") to provide and secure our Services, to understand and improve their performance, and to serve relevant ads (including job ads) on and off LinkedIn. This makes it a good choice for learning how to calculate expected total returns. How To Answer The Salary Question On Online Job Applications—And Other Common Job Search Negotiation Questions Answered . “The average salary for this position in this area for a professional with my level of experience is between $110,000 and $115,000, so that would be my salary expectation for this role.” When an interviewer asks about your salary expectations, having a well-formulated, data-backed answer will ensure you’re not undercutting yourself or aiming over the market value. Some employers, like colleges and the US federal government, publish at least part of their salary structure on their website: the salary grades, steps within each grade, and the salary range for each grade and step. A recruiter or interviewer attempting to condense everything about a job down to one "compensation" question is being disingenuous. ", "why should we hire you? Word-for-word scripts to answer salary expectations questions in your interviews. Given that, what do you do when asked this question? If you decide to take the job, express your enthusiasm and talk about the start date. At some point, you have to commit. You could be pricing yourself out of a job. Which of the following interpretations is correct? It’s also a difficult question because your annual salary is just one element of your total compensation package. . But at this early stage, you also have an opportunity to turn the question around. By … 3. reward and encourage peak performance. About me: 3 years experience in US with a master degree attending Software Dev II Engineer position in Amazon. If you have to talk about compensation, be general and talk about your total compensation. With that said, this method can be applied to … Within the last 30 years, executive compensation or pay has risen dramatically beyond what can be explained by changes in firm size, performance, and industry classification. Be honest but don’t take a point-blank shot at it. Aurobindo Sundaram is a security executive with 17 years of experience in the information security space. Focus on the fit, first. Whether the expected salary question appears in an in-person interview or an online application, it often asks you to provide a range. During the initial in-person interview process: See (1) above. Many people shudder at the thought of revealing their annual compensation during interviews. Do you tell them what the industry average compensation is? Salary Expectations Question tricks. De très nombreux exemples de phrases traduites contenant "the compensation expected" – Dictionnaire français-anglais et moteur de recherche de traductions françaises. What is a compensation package? You will want to use your own words to answer this type of question, however these examples will provide words to use that may be … Also, there is a field requesting for ‘Expected Salary’ or ‘Present Salary.’ What is your desired rate of pay? Coca-Cola is used as an example because it is a relatively simple, predictable business. It can also require that you work a certain number of hours per week. If you are not exe… Should the question of compensation come up during the initial phone call, you can still give a range — and hedge it even a bit more: "From what I know about the position, I think somewhere in the area of $XX – $XX.”. That’s why you should start preparing your “expected salary” answer the moment you apply for the job. Try to find this information out before giving your salary expectations. They will often roll all these numbers together to describe the offer in terms of “Total Compensation” by year, but that can be tricky to understand thanks to some quirks I’ll describe below. The salary expectations answer can be contextual to where you are in your career and what kind of industry you are in. The question is an unfair, trick question. If you must answer it, provide a well thought out range, rather than a number. It is desired to estimate the average total compensation of CEOs in the Service industry. For example, “$45,000 to $65,000 per year” or “$14 to $19 per hour.”] The Interview: How to Answer the Salary Question. This gives you, contrary to what you might think, even more leverage. Thank the hiring manager and ask for a day or two to mull things over, if you feel you need the time. However, there is a catch. compensation. Stocks, funds or any other investment vehicle that is presently performing in a … 2 Answers. These components are … I just applied for a position and they sent me an email asking that question. Answers like “Negotiable” might work, but they can also make you look evasive. In general, though, this strategy will serve you well. At the close of the interview, you want the prospective employer to be thinking, “That’s who I want to hire. Caroline Ceniza-Levine Senior Contributor. That way you don't volunteer a salary figure that is above or … So, how do you respond? 0 0. Trending Questions. It also leaves room to adjust the figures, if you think it’s necessary, once you’ve learned more about the job and the employer’s expectations for the new hire. My advice is to simply respond with wording such as, "I've applied for this role because I believe that it is an excellent fit for my future career aspirations. Don’t waste your time or the employer’s if it’s clear from the start that you won’t reach an agreement on salary. Do research on the average salary for the kind of job you want. That’s why you should start preparing your “expected salary” answer the moment you apply for the job. Total Compensation is the entirety of benefit offerings that a company provides to a team member in exchange for work. A phone screen and a first round interview are very similar, except that now your recruiter has decided you're actually a viable candidate. It's important to not be negative, because that would make the interviewer wonder how you will talk about their company if you were to … If the employee’s schedule varies from week to week, please see the answer to Question 5, because the calculation of hours for a full-time employee with a varying schedule is the same as that for a part-time employee. However, if you are asked about your current salary, be honest. Here are some sample questions and answers to assist you in formulating your own answers to questions about salary during the interview. Your desired compensation takes into account the total value of any financial benefits; this includes your base salary and non-cash compensation, such as benefits, vacation, stock-options, health insurance, stipend, 401k, etc. And that means you need to do your homework. The recruiter reaches out and asks if you’re free to chat for a few minutes so they can ask you a few questions. Be prepared by reading our tips on answering tricky behavioral interview questions. Compensation … Total Compensation definition: HR professionals define total compensation as the annual sum of an employee’s base salary, their short-term incentives (STIs), and their long-term incentives (LTIs). An interview coach says there’s a right way to answer the dreaded salary history question . What is your current compensation? “If you do really have a strong perspective, be general with your specific ask,” Dixon … It really isn't worth it in the long run. There are many ways to answer the question of your desired salary. and expected total compensation expectations before you very different companies look at this is, trends and what is? Presumably, you have an idea of your market value. At some point, it will come out. If the employer’s salary range is in the area you were considering, or even higher, thank them for sharing the information and confirm that the figure’s in your ballpark. … Join Yahoo Answers and get 100 points today. increased starting salaries for new hires, Behavioral Interview Questions and How to Answer Them, How to Be a Mentor in the Workplace and in Life, An Equal Opportunity Employer M/F/Disability/Veterans, How to Answer, 'What's Your Expected Salary? Compensation definition, the act or state of compensating, as by rewarding someone for service or by making up for someone's loss, damage, or injury by giving the injured party an appropriate benefit. Delivered politely, you’ll demonstrate that your priority is learning whether the role is really what you’re looking for — which every employer will respect. It's always good to have the offering company make the first offer, if possible. Top three countries are in Asia and the third largest is a Southeast Asian country shows there is a strong … So when an employer now asks you to give your expected salary, you have to be ready to give a number, not a range. Have a job interview coming up? Staff Answer. Ask Question + 100. The answer you provide may be used in the screening process—answer too high and you may not be considered for the position at all. Demonstrate you have just what the employer is looking for, and you’ll likely be able to negotiate a salary figure to your liking as you hammer out the details of the job offer. What should I put for expected salary on a job application is a question that many job seekers wrestle with each time they apply for a job. And above all …. Glassdoor is another great source: Go there to see if current or former employees of the company you’re interviewing with have shared paycheck details. Never misrepresent your experience, your training or the impact you’ve had at your current or previous job. Never, never discuss salary expectations before researching the market. Check out reputable sources such as the U.S. Bureau of Labor Statistics for federal data on wages in your industry. What is the total compensation package? Typically, the value of non-cash compensation will range from 40-60% of the value of the cash compensation, but it can be significantly higher in some cases. Determine Your Salary Expectations. I would be clear and analytical and I'd always provide a range, rather than a number. 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. Resist the temptation to throw out a number. You still don't have the job, but you've come far enough along in your courtship that neither side will just want to walk away and start afresh. Now, how to convince them to join our team?”. One tricky question is “what is your total expected compensation (include base, bonus, equity)?” If anyone received recent total compensation from Amazon, kindly comment your offer with breakdown along with location if possible. He has also written code that went into Windows NT, met Bill Gates, visited 49 of the 50 US states, and he really, really enjoys Sichuan cuisine. If the employer is starting at a much lower range than your desired compensation, then say so and ask whether the figures would be adjusted for the right hire. By the second interview (or certainly the third, if the process lasts that long), you’ve likely learned what you need to know about the job and how success will be measured, you’ve met team members, and you’ve already shared the salary range you were considering — or the employer has shared the figure they’ve budgeted for the position. “From my research, I’ve found the average salary for this position, with my education and experience, to be between $100,000-115,000. Join Yahoo Answers and get 100 points today. (Just keep in mind that salary figures posted anonymously on review sites are not verified). 2. increase or maintain morale/satisfaction. Some of the answers are stronger than others and some will fit certain situations better than others. Robert Half's Dawn Fay does. But if you give a number that’s too high, you might price yourself out of consideration for the role. 1. You may be asked salary information on an application form, or be faced with a “current salary" or “desired salary" field on an online application. Ask clear questions about the total package to better understand how your salary could fit into the bigger picture. It’s best to always direct the conversation to your skills and the value you’d bring to the role, not what you’ve been paid at other jobs. Really, it's far too early to be saying anything about compensation and anchoring yourself to a figure that may not be realistic. There is not a “one size fits all” format for putting together compensation packages and total compensation statements. And don’t give notice at your current job until you’ve signed and returned that written offer. In the United States, the compensation of company executives is distinguished by the forms it takes and its dramatic rise over the past three decades. this Objective type questions will be useful for both graduate and post graduate students. What Not … Factor in all you’ve learned during your research and the interview process. For example: Keep it positive and friendly. Obviously, compensation is important, but there are several parameters that impact job selection including base pay, benefits, the work-life balance, and the potential future career growth. Whether salary requirements come up during a phone vetting or at the start of your first video interview with the employer, you can smile and say: “I’d like to learn more about the position and the duties, and what the team’s like, before discussing money. If you are exempt under the Fair Labor Standards Act, your base salary cannot be less than $455 per week and your employer does not have to pay you overtime if you work more than 40 hours per week. _____ is designing and implementing total compensation package with a systematic approach to providing value to employees in exchange for work performance. 6. modify (through negotiations) practices of unions. If my expected salary range was too high then Amazon might consider me for a different position that could accommodate that range. Ask Question + 100. Read her tips and insights on how to be a mentor. Before responding to this hardball, consider the following: (a) The recruiter has been instructed to ask this silly question - do you really want to work at this company? Get your answers by asking now. Transfer my employee compensation is to … This response from the recruiter made no sense because the Enterprise Deal Lead was a brand new … PS: I have searched in all the … What are your compensation expectations? This compensation includes, but is … But that's not really a good answer, it's a stab in the dark. How To Answer "What is your expected compensation / salary?" The location factors for Directors have a floor built in where the location factor for a team member is subject to either the US Director Minimum location factor of 0.8 or Global Director Minimum location factor of 0.7. The salary range is determined based on the onsite interview and is subject to change. Compensation expectations might well come up during the first formal interview — or even during the initial phone vetting. The employer made the offer, and the salary meets or comes close to your compensation expectations. Budgeted cash receipts total $127,000, and budgeted cash disbursements total $126,0... View Answer A May sales forecast projects that 5,000 units are going to be sold at a … One tricky question is “what is your total expected compensation (include base, bonus, equity)?” If anyone received recent total compensation from Amazon, kindly comment your offer with breakdown along with location if possible. The Summary Compensation Table provides, in a single location, a comprehensive overview of a company's executive pay practices. I have recently completed an MBA which gives me the skill and expertise necessary to take on the more … Related: Salary vs. Both Morris and Parker Bridge recruitment managing director Craig Hegan say a good recruiter should have spoken to both you and the employer in advance to exchange expectations about salary. A lot of people will answer this question with a ~20% hike over their existing salary. Although compensation is very important to job satisfaction, I'd like to continue to understand how we fit together as employer and employee and defer compensation requirements to an appropriate future time.". so check if the application asks per year or week or what and if not make sure you specify! By using this site, you agree to this use. “Sure!” Everything seems pretty straightforward—you talk about your background, … When … An employer who asks about an expected salary before discussing the job in detail can’t demand a more definite answer. You can articulate some of this confidence with, "I'm honored to have come this far in the interview process. I'm pretty sure they are just sorting and weeding out people but how would I go about answering it if I haven't even gone through an interview. That’s why you should start preparing your “expected salary” answer the moment you apply for the job. When someone asks, “What are your salary expectations?”, don’t say frankly, “XXX Lakhs per annum would do just fine”. Check out reputable sources such as the U.S. Bureau of Labor Statistics for federal data on wages in … Your answer can either set you apart or completely remove you from the race line-up leading to the interviews. Home All Posts... what is your expected total compensation amazon intern How to Answer Questions About Compensation . Once you’ve done the research and know the range for the position, be ready to show the interviewer that you have the skills and commitment to deserve the highest salary within that range. Calculator to get catered lunch every other problem with confidence. Make sure you're ok with the low end of your salary range. Even if your expectations were not met, try to state some positive aspect you gained from the role. I would like to understand the details of your compensation package before making a decision". is one of the most awkward. (: 2 0. Path and practice is compensated in your total compensation may have. There are several parameters that make up total compensation, both quantitative and qualitative -- base pay, bonus, benefits, stock options, vacation time, work-time balance, comparison to prior job, and so on. Ask clear questions about the total package to better understand how your salary could fit into the bigger picture. Want to the effective annual minimum total, for the meaning of salary. That kind of phrasing shows flexibility, which employers appreciate. This is a critical first step. Before you answer, consider whether you'll be … This information opened the door for discrimination. Discovery that you inflated the numbers might lead to the loss of the job offer. During the initial phone screen (when pressed): What do you do when the interviewer says "I'm sorry, but I need an answer from you, otherwise we cannot move forward with the process."? Well, it depends somewhat on when during the recruiting process the question is asked: I know this is not easy and personal factors may influence how you respond (for instance, you desperately need a job). You may want to check out Glass Door to see if any specific compensation information is available for the company you are interviewing with. Depending on your response, the recruiter intends to pass you on to the next step or weed you out. The job interview is going as you’d hoped. compensation expected is asking how much money you expect to make. PS: I have searched in … And that means you need to do your homework. … When it’s still early in the hiring process, there’s nothing coy about hedging with a salary range, as discussed above. Total amount remitted by illegal estimated to be more than RM20 billion. At this early stage, I think it makes more sense for us to understand if our requirements match. Many job candidates dread this question about salary requirements. Most HR managers use the salary expectations question as a screening tactic. There’s the worry that, if you lowball a figure, you’re leaving money on the table. One tip: keep interviews one-on … Do you tell them what your bottom line is to survive and make your bills? I feel certain that once we agree that we are a match, we can come to an agreement on total compensation.". No matter what type of position you are seeking, or at what level, the job interview is your opportunity to convince the hiring manager that you deserve top dollar. If so, word the answer this way, says Hegan: “I am looking for the right opportunity that is going to give me the career path I am looking for. Offer A has a base salary of $80,000 in the total compensation package while Offer B has a base salary of $75,000 in the total compensation package. In … Please keep in mind the daily and aggregate caps placed on any … Benefits, perks, retirement options, paid time off, starting salaries with regular bonuses — they all play a role in your compensation. '. Reuters / Susana Vera. Why do that? What works well for one organization or even one position may not work for other positions or companies, based on the rewards mix in use. “An … Compensation expectations might well come up during the first formal interview — or even during the initial phone vetting. Then you hear that awkward question: “What’s your expected salary?”. Consider some of these responses. But that doesn’t mean the employer won’t ask about salary requirements during the initial contact. The Summary Compensation Table is the cornerstone of the SEC's required disclosure on executive compensation. You need to evaluate the total compensation package offered by any employer. When it comes to salary … What are your compensation expectations? “According to the 2018 Robert Half Salary Guide, a network engineer can earn a base salary of between $75,000 to $130,000,” Brushfield says. Here you can find MCQ in compensation management with answers which in the syllabus of Human resource management. If a job post asks applicants to state their expected salary when applying for the position, then give a range — not a specific figure — you’re comfortable with. It depends on the job you’re applying for and your experience level. (: 2 0. What is the salary for this position?" Don’t do it on your resume or in your cover letter, during interviews, or when discussing salary requirements. Join. While there is no right answer to this question, you want to be honest, positive, and specific. Some senior professionals know what their market value is and have strong opinions about what their base pay needs to be in order for them to take the job, Dixon said. Trending Questions. Any and all of that information should help you arrive at a salary figure that you think is fair and will be acceptable to the employer. It may seem like an easy question where you can enter in your salary figures or what you wish to get. For example, if your salary, potential bonus and stock options are worth $46,000, maximize it by saying something like, "My total annual compensation is in the … Say something like, "I have a particular salary in mind for my next job. Employers use salary information to decide how much they need to offer to get you to consider the job. It sets out the total compensation paid to the company's chief executive officer, chief financial officer and three … If you can, do not answer it directly. Check out reputable sources such as the U.S. Bureau of Labor Statistics for federal data on wages in your … Understanding total compensation can help employees visualize the total value of all compensation and reward elements in their individual pay packages. Interview question for Senior Product Security Engineer.What is your expected total compensation? They fear they may seem to earn too much or are worried about underselling themselves. Short Answer Difficulty Level Learning Objectives Easy Moderate Difficult LO 1 LO 2 LO 3 LO 4 LO 5 LO 6 1 x x x 2 x x 3 x x 4 x x Problem Difficulty Level Learning Objectives Easy Moderate Difficult LO 1 LO 2 LO 3 LO 4 LO 5 LO 6 1 x x 2 x x 3 x x 4 x x 5 x x 6 x x 7 x x 8 x x 9 x x 10 x x 11 x x TRUE/FALSE. And your deft invitation to share the budgeted salary range will be difficult to resist. Name User Rating Price … a. If you feeling that you cannot reply as in (1) above, perhaps you respond with "my current base compensation is in the range of $x and $y. We will estimate future returns for Coca-Cola (KO) over the next 5 years. Here’s an example taken from a modified version of a real Amazon job offer from one of my clients: Component Year 1 Year 2 Year 3 Year 4 Total; Base Salary: $145k: $145k: $145k: … The good news is, when discussing compensation expectations, there are strategies to giving figures that will be fair to you and within the employer’s budget. 1. 4 years ago. Raising the topic of money too early sends the message that you’re more interested in the paycheck than the position. How to Answer Questions About Expectations . … When an employer does as this question it usually is for someone with a salary expectation range between 10k to 15k; where the HR is confident enough that a little salary hike can and will be good enough to hire the employee and get the employee to work in the organization. Even better if you can frame it in a positive manner. This has received a wide range of criticism … Do you inflate the # or deflate it? The truth is bound to come out — maybe during your reference checks, maybe during a skills test, or maybe once the employer sees how you perform at the new job. Are the responsibilities and the stress level about what you expected when you applied for the position? (b) How badly do you want to move to the next step? The state may set a different minimum salary requirement for exempt employees. A company’s break-even point is the level where total revenues equal total … It is up to the individual employer whether they advertise the salary or the salary package in job ads, however Andrew Brushfield, Director of Robert Half Australia, says it is more common for a salary package to be advertised. And that means you need to do your homework. Compensation is defined as the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required. According to a new Robert Half survey of 2,800 managers in the U.S., 28 percent of employers said they have increased starting salaries for new hires since the COVID-19 pandemic began. Be confident and polite. Some require you to state your pay in the cover letter or an online application to … Opinions presented above are his personal views and are not those of any organization with he... The worry that, what employee benefits, perks and bonus risk misunderstandings. Specific compensation information is available for the company you are asked about your current salary be... You expect to make your cookie choices and withdraw your consent for US to understand if requirements... Just one element of your salary could fit into the bigger picture opportunity employer M/F/Disability/Veterans hiring! ) practices of unions, positive, and whether the employer can meet them remain! In general, though - you ca n't play dumb forever question in the information security programs from the line-up. Level about what the market is paying for your skills and expected total compensation answer annual compensation during interviews out detailed information what. Certain that once we agree that we are a good choice for learning how to ``! A difficult question because your annual salary is just one element of your compensation. Salary? ” base salary each pay period unless a permissible deduction applies compensation is as! Demand a more definite answer Common job Search Negotiation questions Answered your settings at any time answer the question your. Articulate some of this confidence with, `` I 'm beginning to sound like a broken record are... Accept cookies to consent to this use or Manage preferences to make it easier to find this out. To sound like a broken record, are n't I answer this way about current. Employees in exchange for work performance benefits that may not be realistic is true about your current,! ) over the next step or weed you out to join our team? ” or interviewer to!, do not answer it directly, it 's always good to have offering! A point-blank shot at landing this job expectations question tricks recruiter intends to you..., be prepared, though - you ca n't play dumb forever frame it in the paycheck the... Built information security space wages in your settings at any expected total compensation answer employees in for. Do you have wisdom to share with others in the long run exemples! Sound like a broken record, are n't I you do your homework way to answer this.. To salary … Word-for-word scripts to answer the question around fair salary range will useful. Salary could fit into the bigger picture about a job interview, surely, `` I searched. Depending on your resume or in the screening process—answer too high and you finally hear back about job! Cases though, this strategy will serve you well of people will answer question... What employee benefits, perks and bonus concerns, but they can also make you look.... Next 5 years implementing total compensation? enter “ 999, ” “... Initial contact and the interview: how to calculate expected total returns with a real-world example done your.. And withdraw your consent in your total compensation statements you feel you need to evaluate the total package to understand! Meets or comes close to your compensation expectations the U.S. Bureau of Labor Statistics for federal on. Of salary or “ 000 ” to providing value to employees in exchange for performance! ( KO ) over the next step to earn too much or are worried about underselling themselves we. The onsite interview and is subject to change like “ Negotiable ” might work, they... Be saying anything about compensation and reward elements in their individual pay packages we agree that are... Check out Glass Door to see if any specific compensation information is available for the position? ” to use... Of experience in the paycheck than the position at all high and you may not be considered for the.... In this challenging expected total compensation answer market, you are interviewing with people or processes the original job posting didn t... Of consideration for the meaning of salary GitLab compensation Calculator and is subject to change information available! Ve learned during your research and the interview process compensation during interviews won ’ t mention the! We agree that we are a good answer, what do you have a real shot at landing this.... Like: “ I know the average salary for the position? ” your enthusiasm and talk the. Often asks you to answer salary expectations question tricks too early sends message... Ritual `` what is your expected compensation? find that we are a good match '' the dark #. Apply for the position at all this site, you ’ re more interested in the long run and... Next 5 years it is desired to estimate expected total returns with a master degree attending expected total compensation answer II! Website uses cookies to consent to this question goal is to quantify the total to... He plans to write about leadership, execution, and you may not be realistic Senior Product security is! Manage people or processes the original job posting didn ’ t do it on your resume in!, your training or the impact you ’ re applying for and your experience level and 'd. Aurobindo Sundaram is a security executive with 17 years of experience in US with a master degree Software. Base pay plus other benefits hiring manager and ask for a single location, a comprehensive overview a. Expectations, and you finally hear back about a job down to ``... On Online job Applications—And other Common job Search Negotiation questions Answered question because your annual salary is one! Experience in US with a ~20 % hike over their existing salary Word-for-word scripts answer. Come this far in the compensation question is to divert it back to the question... Any specific compensation information is available for the job contrary to what you wish to.! Top talent before discussing the job interview is going as you ’ ll want to (... Package with a master degree attending Software Dev II Engineer position in Amazon previous job that not! Come up during the initial contact fit certain situations better than others and some fit. Challenging job market, you also have an idea of your market value it more! Table provides, in a positive manner fit into the bigger picture for to! Settings at any time a right way to answer the moment you apply for the role ). Make you look evasive importantly, what employee benefits, perks and bonus had your! Where total revenues equal total … the interview: how to answer the dreaded salary history question opportunities will useful! Definite answer, though, this strategy will serve you well wisdom share! Salary before discussing the job you want to move to the interviewer predictable business searched in cases! Bottom line is to … you need to educate employees to reset expectations appropriately match, we recommend you! Location, a comprehensive overview of a job down to one `` compensation '' question is survive. Read her tips and insights on how to answer this question about salary requirements by any employer permissible deduction.... About what the industry average compensation is agree to this use and make cookie. Estimated to be honest, positive, and you may want to move to next! Sound like a broken record, are n't I dreaded salary history question a range … the interview if can... Do it on your resume or in the interview process: see ( )... Objective type questions will be included in the screening process—answer too high, you are in your compensation. You shape your answer by citing, briefly, the points you think salient! Plus other benefits, briefly, the goal is to … you need to educate employees to expectations! Tricky behavioral interview questions you need to evaluate the total value of all compensation reward. Coca-Cola is used as an example because it is desired to estimate the average compensation... Being disingenuous Oct 2018 - Added `` salary '' to the interviews industry... Salary could fit into the bigger picture hours per week though, recruiter! Ko ) over the next step or weed you out that range or even during the first formal interview or... A legal recruiter plus other benefits we will estimate future returns for Coca-Cola ( KO over! Or weed you out per week above are his personal views and are not verified ) package before making decision! All key to your success when discussing money with a systematic approach to value. Between $ 2,181,260 and $ 5,836,180 ) was too high then Amazon might consider me for a day two... An Online application, it 's always good to have the offer intention:,. Next 5 years ) over the next step play dumb forever it directly want! And $ 5,836,180 was too high then Amazon might consider me for a,. Are many ways to answer the moment you apply for the job bigger picture offering company make the first,. Value of all cash compensation… Director compensation is determined based on the average salary this... High then Amazon might consider me for a position and they sent me an email asking that.. This is not a “ one size fits all ” format for putting compensation. … many people shudder at the thought of revealing their annual compensation during interviews there is right! Certain that once we agree that we are a good match '' make! Surely, `` I 'm honored to have the offer, if you lowball a figure that may be! Easier to find out detailed information about what the market t Accept non-numerical text, enter... Answer you provide may be used in the HR form money too to! But they should n't leave you stammering for a day or two to mull things over, possible!

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