What are your salary expectations?
Ah, the dreaded salary expectations question. Interviewees often feel uncomfortable discussing compensation, worried that will give a number that's too high or too low.
Answering this question tactfully requires a fine balance of knowing your professional worth, while also understanding what Fannie Mae can realistically offer you for compensation. Rather than giving a specific number, it's best to provide a realistic range that allows room for negotiation. It's helpful to do your research beforehand using various online resources to ensure that you have a good idea of the salary range.
If you're unsure of a fair range for this position, this question is an opportunity for a discussion with the interviewer. To avoid pigeonholing yourself into a salary that's lower than what they might offer you, you can ask your interviewer if they can share the typical salary range for the role.
"I'm looking for compensation that's in line with my qualifications and experience. Given my graduate degree and six years of experience at (XYZ) company, I'm seeking compensation in the range of 75,000 - 80,000."
