What do you put for desired salary 2024?
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Lucas Kim
Works at the International Development Association, Lives in Washington, D.C., USA.
Hi there! I'm Sarah, a career coach with over a decade of experience helping professionals navigate the often tricky waters of job hunting. One of the most common questions I get asked is about handling salary expectations. And you know what? It's a great question! Figuring out what to put for your desired salary can feel like walking a tightrope. Let's break down how to approach this:
**1. Do Your Research. Don't Skip This!**
Before you even think about a number, you need to understand the market rate for the role you're seeking. This means going beyond just checking generic salary websites. Here's how to get granular:
* Job Boards: Start with sites like Indeed, Glassdoor, LinkedIn, and Salary.com. Pay close attention to similar job titles, locations (cost of living matters!), and years of experience required.
* Company Websites: Many companies are becoming transparent about salary ranges. Check their careers page or look for salary information on platforms like Glassdoor.
* Professional Organizations: If you're in a specific field, industry associations often have salary surveys or resources that provide valuable insights.
* Network: This is where networking shines! Talk to people in your field or who work at the company you're interested in. They can provide invaluable context about compensation packages.
2. Consider Your Value Proposition
Now it's time to think about what YOU bring to the table:
* Skills & Experience: What hard skills (e.g., software proficiency, certifications) and soft skills (e.g., communication, leadership) make you a strong candidate?
* Education: Your educational background plays a role, especially in certain fields.
* Achievements: Quantify your accomplishments! Did you exceed sales targets? Implement a successful project? Highlight these wins.
3. The Salary Range Strategy
When it comes to actually putting a number down, most career experts (myself included!) recommend providing a salary range rather than a single figure. This does a few things:
* Shows Flexibility: It signals that you're open to negotiation while still setting boundaries.
* Avoids Underselling Yourself: If you lowball, you could leave money on the table.
* Prevents Pricing Yourself Out: Going in too high might disqualify you prematurely.
How to Determine Your Range:
* Base it on your research: Your range should align with the market rate you uncovered.
* Aim slightly higher: It's generally a good strategy to make the top of your range a bit higher than your ideal salary. This gives you room for negotiation.
* Keep it realistic: A range that's too broad can be confusing, while a narrow range might make you seem inflexible.
Example: Let's say you're applying for a Marketing Manager position, and your research shows the average salary in your area is $70,000 - $90,000. You have solid experience and are confident in your skills, so you might present a range of $75,000 - $95,000.
**4. "Negotiable" - To Use or Not to Use?**
This is a bit of a debate. Some people like to add "negotiable" after their salary range. Personally, I think it's implied. If you've done your research and presented a reasonable range, it's clear that there's room for discussion.
5. Be Prepared to Talk About It!
The "desired salary" field is often just the starting point. Be ready to discuss your salary expectations in more detail during an interview. This is where your research, your value proposition, and your negotiation skills come into play.
Remember: Salary is important, but it's not everything. Consider the entire compensation package (benefits, vacation time, growth opportunities) when making your decision.
Good luck with your job search!
**1. Do Your Research. Don't Skip This!**
Before you even think about a number, you need to understand the market rate for the role you're seeking. This means going beyond just checking generic salary websites. Here's how to get granular:
* Job Boards: Start with sites like Indeed, Glassdoor, LinkedIn, and Salary.com. Pay close attention to similar job titles, locations (cost of living matters!), and years of experience required.
* Company Websites: Many companies are becoming transparent about salary ranges. Check their careers page or look for salary information on platforms like Glassdoor.
* Professional Organizations: If you're in a specific field, industry associations often have salary surveys or resources that provide valuable insights.
* Network: This is where networking shines! Talk to people in your field or who work at the company you're interested in. They can provide invaluable context about compensation packages.
2. Consider Your Value Proposition
Now it's time to think about what YOU bring to the table:
* Skills & Experience: What hard skills (e.g., software proficiency, certifications) and soft skills (e.g., communication, leadership) make you a strong candidate?
* Education: Your educational background plays a role, especially in certain fields.
* Achievements: Quantify your accomplishments! Did you exceed sales targets? Implement a successful project? Highlight these wins.
3. The Salary Range Strategy
When it comes to actually putting a number down, most career experts (myself included!) recommend providing a salary range rather than a single figure. This does a few things:
* Shows Flexibility: It signals that you're open to negotiation while still setting boundaries.
* Avoids Underselling Yourself: If you lowball, you could leave money on the table.
* Prevents Pricing Yourself Out: Going in too high might disqualify you prematurely.
How to Determine Your Range:
* Base it on your research: Your range should align with the market rate you uncovered.
* Aim slightly higher: It's generally a good strategy to make the top of your range a bit higher than your ideal salary. This gives you room for negotiation.
* Keep it realistic: A range that's too broad can be confusing, while a narrow range might make you seem inflexible.
Example: Let's say you're applying for a Marketing Manager position, and your research shows the average salary in your area is $70,000 - $90,000. You have solid experience and are confident in your skills, so you might present a range of $75,000 - $95,000.
**4. "Negotiable" - To Use or Not to Use?**
This is a bit of a debate. Some people like to add "negotiable" after their salary range. Personally, I think it's implied. If you've done your research and presented a reasonable range, it's clear that there's room for discussion.
5. Be Prepared to Talk About It!
The "desired salary" field is often just the starting point. Be ready to discuss your salary expectations in more detail during an interview. This is where your research, your value proposition, and your negotiation skills come into play.
Remember: Salary is important, but it's not everything. Consider the entire compensation package (benefits, vacation time, growth opportunities) when making your decision.
Good luck with your job search!
2024-06-15 15:30:38
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Studied at University of Florida, Lives in Gainesville, FL
This means if you're applying for a job with a pay range of $50,000 to $60,000, chances are you'll be hired at $55,000 or possibly less. In this case, indicate that you'd like to negotiate a starting salary slightly above midpoint.
2023-04-15 00:32:09
Noah Scott
QuesHub.com delivers expert answers and knowledge to you.
This means if you're applying for a job with a pay range of $50,000 to $60,000, chances are you'll be hired at $55,000 or possibly less. In this case, indicate that you'd like to negotiate a starting salary slightly above midpoint.
