Why Do Companies Ask For Desired Salary?

Why do companies ask for the desired salary?

Why employers ask you about your desired salary

Employers ask you what your salary expectations are so they know what salary you expect. If they think your request is too high, they can try to negotiate a lower amount. That is why it is important to know what salary range you are in.

What do you need to provide when asked for the desired salary?

The best way to indicate your desired salary or expected salary on the application is to leave the field blank or write “Available for negotiation” instead of entering a number. If the app doesn’t accept non-numeric text, enter 999 or 000.

Do I have to indicate the desired salary upon request?

Do not include the desired salary in your cover letter or resume unless specifically requested. It’s best to hide this information until you receive an initial offer from the business, so it doesn’t sell.

Can an employer request the desired salary?

Before discussing salary in an interview, remember that in some states it is illegal to ask about your salary history. However, the employer may ask you about your salary expectations for this position.

Why does a job require a salary?

One of the main reasons is that they want to make sure that the salary they expect is something that they can offer. … On the other hand, asking for a much lower salary than other candidates have asked for may be a sign that you are less qualified or experienced for the position.

How are salary requirements met?

You can say something like, “Based on my 10 years of experience in this field, I expect a salary between Y and Z.” Prepare to negotiate. 3

Should I make my desired salary negotiable?

If you mention “negotiation salary” on your application, you’re not necessarily at a disadvantage, unless you seem overqualified for the position. …don’t underestimate your talents by setting salary expectations, but you don’t want to underestimate yourself either. twenty

What is the best answer to your salary needs?

Select a salary range.

Instead of offering the fixed salary amount you expect, give your employer a range within which you want your salary to fall. Try to keep your scope narrow, not too wide. For example, if you want to earn $75,000 per year, a good range is $73,000 to $80,000.

How do you meet salary requirements when applying?

Salary requirements can be included in your cover letter with phrases such as “My salary requirements are negotiable based on job responsibilities and overall salary” or “My salary requirements are between $40,000 and $45,000 and above.” “.

What should I answer to the question about salary expectations?

You can also answer the question “What are your salary requirements?” simply by asking how much the company wants to pay. “You could say something like, ‘This is a great question, it would be helpful if you could tell us what the cast looks like for this role,'” says Fink.

Why do companies ask for the desired salary?

Why employers ask you about your desired salary

Employers ask about your salary expectations to find out what salary you expect. If they think your request is too high, they can try to negotiate a lower amount. … You have to start with the desired salary and then mentally fix a minimum salary.

When does the employer ask for the desired salary?

The best way to indicate the desired salary or expected salary on the application is to leave the field blank or write “Negotiable” instead of entering a number. If the app doesn’t accept non-numeric text, enter 999 or 000.

Is it legal to ask for the desired salary?

Under California’s new law, Labor Code Section 432.3, employers cannot request workers’ compensation or documents, either orally or in writing. Also, an employer may not rely on an applicant’s previous salary as a factor in deciding whether to offer her a job or what salary to offer.

Can an employer ask about salary expectations?

Employers should not ask or rely on a candidate’s salary history when deciding to offer a position or determining wages, benefits or other compensation in the hiring process. Employers can obtain information about a candidate’s salary, benefits, and compensation expectations.

Why do they ask for the desired salary at work?

Why employers ask you about your desired salary

Employers ask about your salary expectations to find out what salary you expect. If they think your request is too high, they can try to negotiate a lower amount. … You have to start with the desired salary and then mentally fix a minimum salary.

1 thought on “Why Do Companies Ask For Desired Salary?”

  1. Before a significant job interview, you should brush up on everything from your largest accomplishments and highest honors to your ability to work as part of a team and operate under pressure. The wage question, on the other hand, can be a source of anxiety for the interviewee. Even though discussing money in a job interview is routine, it can still be awkward.

    The problem with this question is that a high answer may prevent you from receiving a job offer. However, suggesting a low price may prohibit you from getting paid what you’re worth. So, how should you respond to the inquiry, “What is your target salary?”

    What do you say when asked, “What is your desired salary?”

    We’ve put together a tutorial on how to gracefully avoid wage talk in interviews. But, no matter what you do, salary comes up from time to time, and there’s no avoiding it. If that’s the case, you’ll require a response. However, keep in mind that an employer who requires an answer to such a sensitive topic so early in the hiring process might not be one you want to work for.

    Conclusion

    Even if you don’t think salary will be discussed during the interview, you should perform some wage research as part of your overall interview preparation. Find out what the likely compensation range is for the job title. Make careful to factor in your education, years of experience, and the cost of living in your metro region when you investigate and narrow down a number. This will assist you in determining a salary range that is comfortable for you and compensates you fairly.

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