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Sitting for a job interview can be a complicated event for anyone, even with preparation. That’s because the interview panel may come up with a question that you didn’t expect to be asked. One of the things that you may be asked and that you haven’t made ample preparation for is to do with the salary. Given the important role played by remuneration, it’s best that you know how to respond if you’re asked about it, and here is a brief guide to help you out.

 

Do Thorough Research Beforehand

To begin with, you need to be well-informed about the basic salaries for a position such as the one for which you’re applying. With ample research, you’ll be ready for the question of how much you expect to be paid concerning the current market rates. As a result, you can comfortably know the range within which you need to keep your negotiations. You may also know the terms to quote while talking about your salary expectations depending on the industry in which the job posting is.

 

Talk About Your Last Salary

While this may not be for every single occasion, it’s a good idea to reference your last or current pay. If you can promise to deliver value, and you have proof of how you can do the same based on the education or training that you have, the interviewers will be aware of the fact that you know your worth. As such, they may be more accepting of the amount that you ask to be paid, especially if your skills are in high demand. They may even be willing to give you a bit more than you got in your last position to give you an incentive to be productive.

 

Give a Range

You also have a great chance of getting a reasonable salary offer if you give your interviewers a range of the amount that you expect to be paid. Make sure that you will be happy with an amount that falls anywhere within the range that you give the interviewers and avoid under-selling yourself. By sharing a range of the amount that you expect, you can be sure that it will be easier for the interviewers to know that you’re keen on the position in question. You’ll also put the power in their hands as far as the final decision is concerned. When they have a range within which to work, they’ll find it easy to decide how much they ought to pay you.

 

Ask What Their Offer Is

Remember that you can also find out what their offer is, especially if you haven’t done a lot of research or if the position is very niche. In such cases, it helps to know what they plan on paying for the role, after which you can decide whether it’s reasonable or not. In this case, you’ll need to have a good understanding of the job description so that you don’t ask for too little and end up with regrets, or ask for too much and end up getting disqualified. You could also ask what the previous professional was paid for their role if it’s one that’s been in existence for a long time. This should make it easier for you to make an approximation of the best amount to ask for.

 

Be Willing to Negotiate

Keep an open mind and let the interviewers know that you’re willing to negotiate. This should make it easier for both you and them to get the best outcome in the interview. If the people interviewing you feel as though you’re too rigid, they may decide to pass the chance off to someone more willing to meet them halfway or at a reasonable point. This is especially the case for smaller and newer businesses and organizations, as these may not have the necessary financial cushion to allow them to spend too much on their first hires. Stating your expectations and following them up with the fact that you’re ready to negotiate may make it easier to reach an agreement.

 

Talk About Your Expectations and Qualifications

Lastly, it’s always best to have a good understanding of your expectations and qualifications. This is the ultimate way for you to know your worth as an employee. By talking about these with the interviewers, they’ll know that you’re well aware of your worth, so they may find it easier to offer you an attractive package that will win you over and ensure that they get their money’s worth. Exclusively Remote recommends discussing these aspects to optimize your chances of securing a favorable outcome in job interviews, ensuring you’re not shortchanged and making the entire event more satisfactory for you. Also, be sure to visit our careers page for remote job opportunities. We specialize in hiring South African talent for USA companies, offering exciting opportunities for remote professionals like you.