Salary Expectations Question

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6 November 2002
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What do you guys do in an interview when they ask you what your salary expectations are? I know they only ask you this so they can low ball you or find someone else who will work for a lesser amount. But what do you say when it's a newer company with a new technology and there is nothing to base it on? Do I just throw out a number and hope it's close to what they are thinking? Or do I just tell them that it's negotiable and I'm willing to work with them. Any help?
 
I usually say "I'd expect for it to be competitive with other companies in the industry and my experience in the field"

but since I'm 23(and was 22 when interviewing)

I always said that the learning experience is what I value much more....yada yada bullsh*t...
 
White92 said:
What do you guys do in an interview when they ask you what your salary expectations are?

It entirely depends on who your interviewing with. If it is a larger employer with more resources than you may opt to use a different approach then with a small start-up employer with limited capital and two employees. The key is to gauge the likely range and if the person your talking to in the interview loop really has any direct control over the decision.



White92 said:
I know they only ask you this so they can low ball you or find someone else who will work for a lesser amount.

Not always. It is a very fair question, and often times it is used to guage customer expectations so as to ensure that your target is not completely outside of the range that the position is worth. Its uses are two fold, one to save time with candidates and two.. if they really want you they can later exceed your expectations and seal the deal.


White92 said:
But what do you say when it's a newer company with a new technology and there is nothing to base it on? Do I just throw out a number and hope it's close to what they are thinking? Or do I just tell them that it's negotiable and I'm willing to work with them. Any help?

Everything has been done, there is always something relative to base it on. However, IMO the question you should be asking is this: Why are you expending the time, energy, and effort in a face to face interview without any up-front knowledge of the likely compensatory range? That should have been a question by the second e-mail IMO, and established far ahead of an in-person interview.
 
This question was not asked to me in an interview. He received my resume and sent me an email to give me a general idea of the job description. He also asked if I had any time restraints and what my salary expectations were. This wasn't a face to face interview. Obvisouly I don't want to waste my time going to an interview only to find out that they'll offer me the job at crap pay.

It is a smaller company based out of this area and is expanding into other markets pretty quickly. I think they have 20-30 employees.

I think the problem I'm having is that this job would be something pretty new and out of the box for me, but I think I have a good chance. If it were a job in the industry I'm already in, but with a different company, then I would definitely know what amount to give them.

I just hate the question. Whenever I hear it asked, I think of some sleazy car salesman asking "what it would take to put me in this car today." :smile:
 
The first rule in negotiations concerning money is never be the first one to give a a number! Regardless of whether the negotiations are for a job, a purchase or a sale. The one that give a price first - loses!
This is what I've been told to say "rather than pricing myself out of a great oppotunity can you give me the salary range being offered for this position?" They will either tell you or just ask their question again. If they ask the same question the obviously, you cannot give them the same answer, so you need to think of an answer that asks a question. If they are really, persistent, then give them a range of what you are expecting. Which would be a range that you already researched. HTH :biggrin:
 
ss_md said:
The first rule in negotiations concerning money is never be the first one to give a a number! Regardless of whether the negotiations are for a job, a purchase or a sale. The one that give a price first - loses!
This is what I've been told to say "rather than pricing myself out of a great oppotunity can you give me the salary range being offered for this position?" They will either tell you or just ask their question again. If they ask the same question the obviously, you cannot give them the same answer, so you need to think of an answer that asks a question. If they are really, persistent, then give them a range of what you are expecting. Which would be a range that you already researched. HTH :biggrin:
i like that answer! truth is a good thing.
 
ss_md said:
The first rule in negotiations concerning money is never be the first one to give a a number! Regardless of whether the negotiations are for a job, a purchase or a sale. The one that give a price first - loses!
:biggrin:

My thoughts exactly......When asked for a figure, you could say something like....'I'm sure you'll provide a fair compensation package based on my experience and qualification, is there a range you're working with?' If he/she gives you a range, then, the person you're dealing with is very inexperienced. Most likely you'll get the table turned around for you to provide the figure. Steer away from it as best you can and continue building your value. This may sometimes take several interviews. Avoid giving the figure first at all cost. This is the case where the 1st loses.

Good luck
 
That's pretty much what I told him in my reply email. I said that I'm sure it's negotiable and if we could meet in person we could discuss it. That was about an hour ago. I already have a response from him wanting to meet this Monday. Wish me luck! :biggrin:
 
Do you homework and find out the going rate for the positiion. And I tend to respond back with...."I would like it to be in the range of $110K - $120K"
 
It sounds like you could really be in a very lucrative position. I work for one of the largest companies in the world and you don't have a say so in what you get paid.

There are 6 levels of pay for engineering and all new employees start at level 1 end of story. It is a great company to work for though and the pay is very fair with some of the best benefits in corporate America.
 
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