[jsfg_cinti] Answering the Salary Question
- From: Charleslittle4@xxxxxxx
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- Date: Thu, 26 Jun 2003 11:02:55 EDT
Six Steps to Handling Money Questions
by Therese Droste
Monster Contributing Writer
Everyone wants as much money as an employer is willing to shell out. Yet when
it comes to job interviewing, salary questions make most people squirm. One
reason is that such questions pressure you to tip your hand during the
negotiating game. Winning the salary you want requires some evasive action on
your
part. Choose your words carefully, and don't be afraid to redirect a pointed
question. These tips will help you stay in control of your compensation.
1. How to Handle Applications or Ads Requesting a Salary History.
Diane Barowsky, who works in executive recruiting, advises job seekers not to
include salary requirements. "True, when you leave out the information, you
run the risk that the employer won't look at you because you've not put a
salary in there. But you run a greater risk of selling yourself short, because
you
don't know what the range is," she says.
Instead, write that you expect a salary commensurate with your experience and
the job's demands. You could also write, "negotiable," because, frankly,
salary is always negotiable.
2. What Are You Currently Making?
Answer carefully. State that the new job, while in line with your skills,
can't compare to your current job. As such, your current salary isn't a good
judge of what you should earn in this position. "Answer: What I'm making is not
important," says Barowsky. "What is important is whether or not my skills are
what you need, and I'm confident the range will be fair." This allows you to
reveal your self-confidence.
In addition, this levels the playing field if there are two candidates, says
Barowsky. If you're currently underpaid, answering such a question directly
will work against you. "What if you work for a nonprofit, and your pay is lower
than that of another candidate who has the same skills and experience but has
a higher pay because he is with a corporation that offers competitive
salaries?" Barowsky asks. "You could be hired at a much lower figure than the
other
person would have received. It's not the past salary that's important, it's the
skills and experience and what you can do for the organization."
3. Get the Employer to Say a Number First.
Every employer has some type of salary range in mind, and they most often can
play with that range, says Barowsky. "They have information you are not privy
to. When you don't know what the employer has in mind, you can underbid
yourself. Employers will jump on that. Later, you'll find out that someone two
cubicles over from you is making more money for the same work you're doing,"
she
adds. So find out what the range is before you state any salary requirements.
If the range is below what you want, state that you expect a range closer to
XYZ. And make XYZ at least 10 percent to 20 percent higher than what you
currently make. If you're grossly underpaid in your position, hike it even
higher.
4. What If You're Really Pushed to State a Figure?
State a range that reflects the amount you want to make. And remember:
Employers will always look at the low end of your range, so make the low end as
high
as you are comfortable with. If you make $35,000, state a range of $42,000 to
$55,000 or so.
5. Be Prepared. Do Your Research.
Research what others in the field make. Contact professional organizations
and get their annual salary surveys. Read professional publications. <A
HREF="http://networking.monster.com/">Network</A> and
look on the Web to find out what others in your field are making.
6. Show Us Your Pay Stub.
If an employer wants to contact your old employers to verify your salary,
think twice about the job. Frankly, do you really want to work with someone who
will intimidate you? "If they badger you during the interview, a point where
they're supposed to be wooing and impressing you, think of what it'll be like
when you go to work there," says Barowsky.
The bottom line is you not only want good pay, you want respect. And a job
that provides mutual employer-employee respect is bound to reap rewards.
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