When do you discuss salary in an interview? In the interview process you will generally fall into three categories of role. Entry level, junior and managerial roles. Generally the question of ‘What are you looking for in terms of salary?’ will come up in two different ways:-
In an interview, it’s generally a good idea to wait until the end of the interview process to discuss salary.
The reason for this is that if you bring up salary too early in the process, you might be setting yourself up for a negative outcome. If you mention your desired salary at the beginning of an interview, you may end up seeming entitled or greedy—especially if you have no experience with the job market in your area and don’t realize what other people are making in similar positions.
And even if your potential employer agrees with your desired salary and is willing to pay that much, they may be hesitant to hire you if they think there is any chance that someone else will offer more money for the same position.
So when should you talk about salary? At the very end of the process—or even after you’ve already been hired! Once an offer has been made and accepted (and even better: once it’s been signed), then it’s safe to bring up the topic of compensation again.
When do you discuss salary in an interview
Introduction
When you’re in a negotiation, it’s difficult to know how much to disclose. For example, when do you discuss salary in an interview? It can be such a balancing act, but it’s one that everyone goes through at some point. Here are some tips on how and when to talk about money while looking for a new job.
There are a few different points in the job search process when you should be prepared to discuss salary.
There are a few different points in the job search process when you should be prepared to discuss salary.
The first is in the initial interview. This should be one of your first questions for any potential employer, especially if you’re interviewing with multiple companies at once. If a company won’t share information about their pay structure or salary range during an early stage interview, it’s probably not worth pursuing further with them.
The second time to bring up salary is when you’re offered a job—but only if you have been given an offer letter, which will include all of the details about your compensation package (and can help avoid awkward situations).
If there is opportunity for negotiation later on down the line, as seems likely now that we’re seeing more companies adopt transparency policies around salaries and benefits across all levels of management, then asking this question again might make sense. It’s important to note here though: while some employers will provide favorable offers because they want someone who cares enough about money that they’ll work hard toward achieving maximum return on investment (ROI), others may respond negatively and rescind their offer entirely if they feel pressured into doing something unwisely out of desperation or fear instead of confidence in their own abilities.*
In your initial interview, the hiring manager may ask what your salary expectations are.
- Do your research. In your initial interview, the hiring manager may ask what your salary expectations are. Before you answer, do some research on the company and position. Find out what a reasonable salary range is for that position in that industry and location. If you know where you want to work, but don’t have an idea of what people with similar experience earn in that area, talk with friends or colleagues who might have some insight into local industry norms.
- Ask for a range of salary expectations instead of just one number if possible—even if it’s only between $10k less than their stated minimum and $5k more than their stated maximum—so you can be prepared to negotiate if necessary.
- Be prepared to walk away from any offer that doesn’t meet your needs financially or professionally (e.g., “I’ve been offered this job at Company X; however, I’m more interested in working for Company Y”).
When you’ve been offered a job and you’re ready to negotiate, your first move is to find out what is already being offered.
When you’ve been offered a job and you’re ready to negotiate, your first move is to find out what is already being offered. If the interviewer doesn’t bring up salary, ask about it directly. It’s best not to dodge this question: if they are willing to say that they want someone with your skillset and experience, then they should also be willing to tell you how much they are offering in compensation.
- Ask them what the salary range is for this position. This can help narrow down options—you’ll know whether or not your current salary qualifies as acceptable within the organization (as well as give insight into their budgeting practices).
- Ask about benefits packages and other perks like paid time off or health care coverage. A good rule of thumb: always assume there will be some sort of benefit package available until told otherwise by someone else on staff who knows better than anyone else could ever hope
If you’re interviewing for a new job and you’re currently employed, there are some tricky situations that are good to plan for in advance.
If you’re interviewing for a new job and you’re currently employed, there are some tricky situations that are good to plan for in advance.
- How do I discuss salary with my current employer?
- What if I’m applying for the same job at another company?
You can discuss your salary with your current employer during an interview process as long as it’s not something that follows directly from an offer of employment. If you’re applying for the same job at another company, then you should wait until after they have made you an offer before negotiating. This way, no one will feel left out on their toes or unfairly treated.*If someone has been working at the same place for a long time (i.e., six years), then there is no need to negotiate because both parties usually know what they want.*
If you’re currently employed, don’t give away too much information about your current income during an interview.
>If you’re currently employed, don’t give away too much information about your current income during an interview. It’s always best to focus on what you can do for the company and how your skills will benefit them if they decide to hire you.
It isn’t easy to talk about money but it can be worth it.
When it comes to talking about compensation, you should feel comfortable asking the right questions. What does your current salary look like? How much money are you expecting for this position? What are the benefits and perks of working here? It can be uncomfortable to discuss money with a potential employer, but it’s an important part of any job search.
It’s also important that you know what you’re worth before entering into a salary negotiation. You may think that someone will always hire at the lowest rate possible, but that is rarely true—especially in cases where there is a great deal of demand for skillsets like yours (or if they’re desperate). If you know how much other people in similar positions are making, then you’ll be able to negotiate your own terms more effectively when the time comes.”
Conclusion
When it comes to salary negotiations, having a plan in place is key. Remember that if you’re ready to negotiate, the company has already decided that they want you—so be bold and ask for what you think you deserve. It’s all about making sure you’re prepared with the right information and being clear with what your expectations are, so that the employer can give you a fair offer.