Everything went on well and just when you thought that it was the end of the grilling interview session, the dreadful question of your salary expectation is posed to you. This is a tricky question that every employer enjoys asking and every prospective employee tries avoiding. Salary talks have become a part of interviews and the employer asks his question to the candidate in order to learn how aware the candidate is of the job profile, of the company’s status and of his/her market value. Salary negotiation is one of the toughest parts of any job interview, since both the employer and the prospective employee need to come to a common figure to make a deal. You must learn the tactics of dealing with the salary question in any interview so that you can negotiate the deal in your favour. Mentioned below are few effective tips to handle salary questions in an interview that can help you turn things in your favour.
Handling Salary Question In Interview
Include Salary History
The employer might ask you to present your present salary or cost to company along with your expected package. In order to be safe in answering this question, you can present the current salary figures and mention that your CTC can be in accordance with the responsibilities of the position offered. Providing your salary history will keep you on the safe side and will also help employer anticipate the compensation range for you.
Do Some Research
It is advisable for you, as a candidate, to do little research on the company’s financial status before you step in to the interview room. A thorough research on the company’s financial status can help you deal with the salary question more efficiently. You will have an idea of the amount or the range that you can expect and what actually the company can offer. It is always safe to mention your current salary and leave it for the employer to calculate the new offer accordingly — but if some specific question is asked you can always provide a logical range based on your research.
Make sure that the previous salary figures you provide are correct. It is advisable that you should be honest in providing information of your previous job/s. Any fudged or wrong information can backfire and destroy your chances with the current company. Employers are likely to get back to your place of previous employment for verification and cases of forging can land you into serious trouble.
No Personal Sob-Tale
You might be in urgent need of a job but do not make your desperation ruin your performance in the interview. Make it a point to not bring your personal financial problems and burdens to the interview. Making the discussion money centric can give a very greedy and unstable impression of you to the panel.
Do Not Underestimate Your Worth
There is a base salary stipulated for a particular job profile and any person accepting to offer services below this set salary line is actually underestimating his/her worth. You must not get overtly greedy while negotiating the salary during an interview but, at the same time, you should also not settle for something below the basic salary line.
Be Open To Ideas
Although salary is one of the major factors that determine the choice of your job, you should always be open to new ideas. You should keep in mind that you need a job and the company needs an employee. While the company might have many options at hand, you might not. Therefore, it is advisable to compromise a little with the salary aspect if you see a promising career ahead in the organisation.
Ask any candidate attending a job interview, they have only one question concerning them, what could be the best way to handle salary question in a job interview? These tips will surely teach you how to act logical and thoughtful while dealing with salary negotiation in an interview.