Often times, it’s the elephant in the room during an
interview. You probably know where this is going because you’ve been there (or
maybe you just glanced at the title of this post). Either way, many job
applicants find themselves in for a rude awakening when it comes time to
discuss salary, usually because their expectations are way out of whack.
This unfortunate situation is not uncommon. Typically, it is
the result of poor communication between the employer and potential employee.
The employer should make salary expectations clear early in the process so that
job seekers don’t form an overly optimistic opinion of an opening. Job seekers,
on the other hand, should make sure that they have a firm understanding of the
salary expectations to avoid wasting their (and the hiring manager’s) time.
Here are some tips on how to manage salary expectations
during your job search:
Do some research
Before you get your heart set on a minimum salary that
you’re willing to accept, do some research. A quick Google search will get you
on the right track. Take a look at the position you’re interested in and see
what the average compensation looks like. This will at least get you in the
same ballpark as the employer, at which point you might be able to negotiate a
little bit. Be careful to not base all of your expectations on previous jobs.
While your experience might give you a better feel for what to expect, no two
positions are exactly alike. Keep this in mind.
Communicate your
expectations
In some situations, employers will use your salary
expectation as a screening question. It could come up in the application or be
required in your cover letter. Sometimes they will ask you what your
expectations are during the interview. While it can be a daunting question, be
honest. It will save you a lot of time, especially if your expectations don’t
match up with theirs. That being said, make sure your expectations don’t come
across as demands. Make it clear that you have some wiggle room. Hopefully you
won’t be too far apart, though. Your research should give you a good idea of
what to expect.
Don’t be afraid to
negotiate
Do not start negotiating your salary before you have a job
offer! This cannot be stressed enough. Make sure that you have taken care of
the important part – convincing the employer that they should hire you. Once
they offer you the job, don’t be afraid to negotiate a little. Obviously, you
don’t want to demand double the salary they offered, but they probably won’t be
opposed to giving you a small bump if you ask for it. Of course, when going
through a staffing agency, almost the opposite is true. You should negotiate
your salary with the recruiter and they will expect you to stick to that
amount. The amount that they are billing your potential employer is based
around your originally negotiated salary requirements.
Discussing salary expectations with a potential employer is
always one of the more uncomfortable aspects of the job search, but it’s also
very important (and I didn’t need to tell you that). When it comes down to it,
just do your homework and be tactful – these two things alone will set you up
for success.