Login
Register
All Activity
Questions
Unanswered
Tags
Users
Ask a Question
About Us
986
Questions
785
Answers
Interview Preparation mode
beta
Funny Facebook Status
Enter your email address
All categories
SQL Server Interview Questions and Answers
(197)
SSIS Interview Questions and Answers
(54)
SSRS Interview Questions and Answers
(9)
SSAS Interview Questions and Answers
(29)
.NET Interview Questions and Answers
(186)
Oracle Interview Questions and Answers
(122)
Java Interview Questions and Answers
(32)
UNIX Interview Questions and Answers
(47)
Networking Interview Questions and Answers
(17)
MySQL Interview Questions and Answers
(30)
HR Interview Questions and Answers
(237)
General Interview Questions and Answers
(9)
Other Interview Questions and Answers
(8)
Job Openings
(3)
Greenplum Database Interview Questions and Answers
(5)
"The Salary Question" - How much money do you want?
Nice?
Vote!
asked
1 year
ago
in
HR Interview Questions and Answers
by
KrishnaMachiraju
(
7,980
points)
–
edited
1 year
ago
by
R
hr-interview-question
general-interview-question
behavioural-interview-question
1 Answer
Nice?
Vote!
TRAPS:
-----------
May also be phrases as, "What salary are you worth?"...or, "How much are you making now?" This is your most important negotiation. Handle it wrong and you can blow the job offer or go to work at far less than you might have gotten.
BEST ANSWER:
----------------------
For maximum salary negotiating power, remember these five guidelines:
1. Never bring up salary. Let the interviewer do it first. Good salespeople sell their products thoroughly before talking price. So should you. Make the interviewer want you first, and your bargaining position will be much stronger.
2. If your interviewer raises the salary question too early, before you've had a chance to create desire for your qualifications, postpone the question, saying something like, "Money is important to me, but is not my main concern. Opportunity and growth are far more important. What I'd rather do, if you don't mind, is explore if I'm right for the position, and then talk about money. Would that be okay?"
3. The rule of any negotiation is: the side with more information wins. After you've done a thorough job of selling the interviewer and it's time to talk salary, the secret is to get the employer talking about what he's willing to pay before you reveal what you're willing to accept. So, when asked about salary, respond by asking, "I'm sure the company has already established a salary range for this position. Could you tell me what that is?" Or, "I want an income commensurate with my ability and qualifications. I trust you'll be fair with me. What does the position pay?" Or, more simply, "What does this position pay?"
4. Know beforehand what you'd accept. To know what's reasonable, research the job market and this position for any relevant salary information. Remember that most executives look for a 20-25%$ pay boost when they switch jobs. If you're grossly underpaid, you may want more.
5. Never lie about what you currently make, but feel free to include the estimated cost of all your fringes, which could well tack on 25-50% more to your present "cash-only" salary.
answered
1 year
ago
by
siva
(
10,720
points)
–
edited
1 year
ago
by
R
Related questions
Nice?
Vote!
1
answer
"The Opinion Question" - What do you think about...
asked
1 year
ago
in
HR Interview Questions and Answers
by
R
(
19,530
points)
hr-interview-question
general-interview-question
behavioural-interview-question
Nice?
Vote!
1
answer
Why do you want to work in this industry?
asked
1 year
ago
in
HR Interview Questions and Answers
by
R
(
19,530
points)
hr-interview-question
general-interview-question
behavioural-interview-question
Nice?
Vote!
2
answers
Why do you want to work for our company/organization?
asked
1 year
ago
in
HR Interview Questions and Answers
by
R
(
19,530
points)
hr-interview-question
general-interview-question
behavioural-interview-question
Nice?
Vote!
1
answer
Why aren't you earning more money at this stage of your career?
asked
1 year
ago
in
HR Interview Questions and Answers
by
R
(
19,530
points)
hr-interview-question
general-interview-question
behavioural-interview-question
Nice?
Vote!
1
answer
How do you define success... and how do you measure up to your own definition?
asked
1 year
ago
in
HR Interview Questions and Answers
by
R
(
19,530
points)
hr-interview-question
general-interview-question
behavioural-interview-question