I am excited to apply for the position of [position title] with your company. I would love to discuss my qualifications and experience further over the phone, but before we do that, I wanted to make sure that my salary expectations were aligned with what you are looking for. My desired salary is $[desired salary].
Please let me know if this is something you can work with, or if there are any other questions you have about my background or experience that would help you determine if my skills are a good match for your needs.
I believe that my experience and skills have made me an ideal candidate for this position. I am seeking a salary of $50,000 per year, which is competitive with others in the field.
I would like to discuss the desired salary for this position. I’m prepared to discuss my qualifications and experience, as well as what I can bring to your company. Find out more about desired salary meaning, desired salary example in this article.
desired salary meaning
Desired salary is simply the amount of money you’d like to make at your new job. It’s also the realistic amount of money you expect to make at your new job based on your level of skill and experience. (Otherwise, we’d probably all have a desired salary of $10 million.)
When a potential employer asks you this question, they’re expecting an honest, realistic answer—but giving your answer too soon could actually end up hurting your chances of making the amount of money you’re worth. More on that in a minute. First, let’s talk about how to figure out your true desired salary.
How to Determine Desired Salary
Before you can even think about giving a concrete answer to this question on an application or in an interview, you should have an actual number in mind—even if you don’t reveal that number right away (or at all). You should know what you’re aiming for so you can be confident about the salary offers you will and won’t accept. But I get that it can be difficult to land on a number or range, so here are a few factors that will help you figure it out:
1. Do some research.
A quick Google search can usually tell you the industry standards for salary in your desired position, and most job search websites will let you search for the standards in your geographical location as well. Sometimes pay ranges vary depending on state or region. The size of the company you’re looking at and its level of success will also affect the pay scale.
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Another way to research is by asking other employees in similar roles what their pay is like, but keep in mind that it’s personal information that not everyone might be comfortable sharing. You could also ask any recruiters in the field (who don’t work at the company you’re applying to) if they can share the average salaries they see for the type of position you want.
2. Account for your skill level and experience.
If you know me, you know I’m a big believer that you don’t have to get a four-year degree to get a great-paying job—and I stand by that! But education and training will still be taken into consideration at many companies, depending on the role. Having more years of experience working in a given industry will usually mean higher pay too. So, even if you don’t have a ton of education but you’ve spent years getting hands-on experience in jobs that are related to the one you want now, your pay should reflect that.
Another thing to consider is skill level. Of course, you can expect to be paid less for entry-level skill than for high skill. But skill level isn’t necessarily equivalent to the amount of time you’ve spent working in an industry—some people graduate from college with a higher level of skill than somebody who’s already been working in the field for a while. Be honest with yourself about your skill level, and if you know you’ve got a competitive edge, factor that into the amount you think you should be paid.
3. Think about your cost of living.
This is a real consideration, especially if you’ve got a family to provide for. How much do you realistically need to make in order to take care of all your family’s expenses (or even just your own expenses)? How much do you need to make in order to live comfortably? How much do you need to make in order to pay off debt, save up for a car or house, or be able to put money in your kids’ college fund? Would you need to relocate if you were to take a certain job?
Of course, we all need to use any amount of money wisely by budgeting and living below our means as much as possible, but there’s no denying that income can make or break our ability to reach our financial goals.
4. Take a look at the benefits being offered.
Things like health insurance, paid time off, and 401(k) options can make a big difference in your desired salary. Maybe you want to make $75K a year, and you’re looking at a company that offers a little less than that, but they also offer unlimited PTO (yes, that’s a real thing at some places). You might be willing to adjust your desired salary because that benefit is worth it to you. Or maybe you’re looking at a company that does offer your desired salary, but they wouldn’t give you the opportunity to have a 401(k). That could be an issue for you!
Once you’ve taken all these factors into consideration, decide on your deal-breaker salary—in other words, what’s the absolute lowest salary you’d accept before walking away from the job offer? This may or may not be the same as your desired salary. It’s up to you to decide if you’re firm at one number or if there’s a salary range you’d be willing to work with, and only you can know what’s right for you.
How to Answer “What Is Your Desired Salary?”
Now that you have your desired salary in mind, the next step is to stand strong when you’re asked about it! Here are two common scenarios where you might have to answer this question, plus the best ways to answer.
On a Job Application
Like I mentioned earlier, it’s better to not reveal your desired salary too early in the hiring process because it can limit you if the company is prepared to pay more. Not all applications will ask for your desired salary, so if they don’t ask, there’s no need to give one. And if they do ask, keep things simple by saying something like “salary is negotiable” or “salary may be discussed during the interview process.”
If you’re unable to enter text into that field on the application, I’d recommend leaving it blank or giving a loose range and then adding a note somewhere else on the application saying salary may be negotiated later. It’s important to be honest here, though. If you know you won’t be open to negotiation, don’t use the word negotiate—stick to discuss. (And if you’re really not willing to budge, you might as well state your firm desired salary on the application.)
In an Interview
Interviews can be nerve-racking, so it’s a good idea to think about how you’ll respond ahead of time. Again, you aren’t obligated to give a concrete number, and you shouldn’t let a recruiter pressure you into giving one if you’re not ready. There are plenty of respectful and professional ways to answer this question that won’t tie you down to a specific dollar amount.
Here are a few example answers to “What’s your desired salary?”:
I don’t have a specific number in mind, but I’d expect to be paid what you think is fair based on the industry standard and my level of experience.
I don’t have a concrete number in mind. What do you have budgeted for this position?
My top priority is finding a job that’s a great match for my skill set at a company I’m passionate about. I’m open to talking about the salary you feel is fair as we advance in the interview process.
I usually don’t discuss salary until the point when I’m being offered the job. Would it be alright if we continue the interview process to see if I’d be a good match for this position before discussing salary?
On my application, I listed my desired salary range as $70–80K, and after further consideration, I believe that $80K would be the fair salary to ask for based on the requirements of the role, my level of experience, and the fact that I would need to relocate for this position.
Hear me on this: There’s nothing wrong with stating your desired salary or salary range if that’s the number you’ve decided on and you feel comfortable asking for that amount. This could be met with a few different responses:
The first, which is ideal, is that the company offers you the salary you want (or more) if it’s the amount they have budgeted for the role and they think your qualifications line up.
If the amount you want is on the higher end, they may ask you why you’re asking for that amount or ask you to back up your request with evidence. But luckily, you’ve already done your research on industry standards, and you can give concrete examples of the skills and experience you bring to the table, which may be enough to show them that’s the amount you deserve.
The other possible outcome is they offer you a lower amount than what you wanted. In that case, you can either choose to walk away—because you’ve already set your deal-breaker salary—or to work with them anyway. In situations like this, you could always ask about the possibility of creating a growth plan with your leader that will allow you to grow both professionally and financially as your time with the company increases.
The bottom line is, there are many ways to talk about your desired salary without putting yourself in a box. Honesty paired with standing firm in what you want and need will go a long way. You have what it takes, so don’t let this question intimidate you!
Desired Salary For This Position
This guide will teach you everything you need to know when it comes to handling questions about your desired salary. When done right, you’ll go into the negotiation process prepared and confident.
The Ideal Time to Discuss Your Desired Salary
Questions about desired salaries and compensation can come up at any time. While there are best practices for specific industries, every company’s hiring process is different.
You might encounter that question during your initial application before you even speak to a hiring manager. In some cases, it comes pretty early during the first interview. Some encounter it much later in the hiring process. Whatever the case might be, you have to be prepared to answer this question.
So when is the ideal time to discuss your desired salary?
The best-case scenario is to do salary negotiations after you already have a job offer (or you’re seeing strong signs that you got the job). When you reach this point in the job interview process, the employer has communicated their expectations and you have a much better feel for what the job entails. If you attempt to negotiate salary any time before that, you’re at a disadvantage. You haven’t had the chance to discuss how your skills and experience will benefit the company nor do you know if the company wants to hire you.
Not only that, by attempting to discuss your desired salary too early, you could inadvertently ruin your chances of negotiation later or take yourself out of the running altogether. Your goal during the interview process is to make the hiring manager want to hire you. Once you’re at that point and receive the elusive job offer or an indication that they’re prepared to make you a serious offer, you can begin negotiations and get yourself the salary you deserve.
You want to know what the job pays before you invest too much time. The company feels the same way.
But what do you do if the desired salary question comes earlier than that? And you probably will be asked earlier.
How to Answer If Asked Earlier
There are several things you can do. Guiding the discussion elsewhere might help you postpone answering before you’re ready.
For example, you could say you’re not ready to discuss your desired salary yet because you’re focusing on finding a position that fits your skills and career goals. Most hiring managers will respect that because it shows that salary isn’t the main priority.
Alternatively, you could stall the discussion by asking more questions. Ultimately, you want to be sure the position is right for you before the topic of salary comes into the equation. Ask more questions and get the information you need.
Another tactic to ask what their budgeted salary range is. Before you talk about your desired salary, ask what the company has budgeted for the role or what their range is. This gets the company to disclose their range so that the desired salary range you specify falls close or within theirs.
Or you could choose to avoid answering desired salary questions and state that you prefer to discuss salary requirements after you get a job offer. The recruiter will either accept that answer and proceed with the interview or stop the conversation and reject you as a candidate.
It’s always a good idea to respectfully delay answering this question until you get a job offer. While that’s not always possible, it’s important to remember that answering the salary question too early and before you understand the full scope of the job, can either make your salary too high or too low.
desired salary example
What to Put for “Desired Salary” on a Job Application
The earliest time you will see questions about your desired salary is on a job application. Unfortunately, with the popularity of online applications, it’s becoming increasingly common to encounter the question. It’s often used to determine if the candidate is within the company’s budget.
Here are some ways you can fill out that section while still moving through the application process.
1. List a Range
Figuring out what to put for your desired salary can seem tricky, but being straightforward is always an option. If you’re confident in your chosen salary range, feel free to put it in the application. In some cases, you might have no choice due to the input restrictions placed on the web form.
Make sure to do your research first and put a realistic desired salary range. We’ll go into the details of this in a second, but the goal is to stay within the going rate or market value.
There are plenty of resources out there to give you a good idea of what jobs like the one you’re applying for pay. Stick to a median or midpoint range so that the desired salary range you list doesn’t raise any red flags.
Here are some salary calculators to check for salary ranges. Use more than one and take an average. You will notice that these tools offer a low median and high salary range. If you are in an industry that notoriously pays low (such as higher ed or not-for-profit, use the lower end of the scale. If you are in technology or a highly competitive industry or an expensive city, use the higher end of the range.
- Salary.com
- Payscale
- Glassdoor.com
- Indeed.com/salaries
- Comparably
Keep in mind that your desired salary information can be used to weed you out or filter you into the interview process. If you put a range outside of the company’s budget, they may not want to waste time speaking to you, especially if they think they can’t afford you. Similarly, if you put a range that is too low, they may think you aren’t qualified for the job.
2. Leave It Blank
Ideally, you might have the ability to leave this field blank on your application. This isn’t always the case, as many forms require you to fill out all blanks before you can submit them.
But if it’s possible, you can leave the desired salary fields blank on the application. That way, you can rest assured that your desired range won’t get your application tossed out.
3. Fill in with 000 or 999 and Discuss Later
If you must put something in the desired salary field and you don’t want to provide a range, try putting something like “000” or “999” That should fit the numerical character requirements, allowing you to submit the form. Most hiring managers will see those numbers and know that you don’t want to discuss salary figures until later.
