Honeywell Mock Interview
Practice 40 Honeywell interview questions covering technical depth, leadership principles, and cross-functional scenarios.
Question 30 of 40
What are your salary expectations?
Why the Interviewer Asks This Question
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Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
This question is a test to see how realistic your expectations are. Your expectations may be unrealistic, or perhaps they sell you short. Either can be revealing with your career trajectory. A person who is familiar with the industry will be able to guestimate a realistic metric. Such a metric should be based on the duration and/or level of experience a candidate has contrasted with the industry-standard pay rate such a position offers. An employer's market versus a job seeker's market can likewise influence your number. Your current earnings and where you feel you are on your career path compared to where your ultimate career goals are heading should give you a reasonable expectation of what you should ask for.
How well you've performed in the interview so far, and your self-awareness in this regard, are likewise components to consider. How you quantify your answer will likewise justify your perceived self-worth. This is where you'll show your hand and how you not only value yourself but how realistic your expectations are.
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I earn a base salary of 45,000 per year plus a potential 20% annual bonus. Last year, my earnings were 52,000 and I would like to stay in the same range or higher."
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I am currently making 100,000 per year with two bonus opportunities. I am looking for compensation that is aligned with the role and provides an opportunity for growth."
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
This question can come up anywhere in the interview, but it more commonly comes towards the end. It's never a good idea for the person being interviewed to bring up pay too early on. But once the interviewer addresses it, it's fair game. A good question to ask, when quantifying your number, is how frequently pay increases occur, and how their pay structure works. Whether it is salary or hourly, likewise hold weight. You can also ask, to ensure you are coming up with a fair number, what other benefits are offered with the position. Health benefits cost an employer money and should be considered when coming up with your number, as well as any incentives, bonuses, or other perks.
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
Be open, realistic, and honest. Transparency is the best choice when salary-based questions arise. If you want the job, don't be too eager to accept a low offer. Likewise, don't throw out an unrealistic number. Doing so could be viewed as disrespectful of the time and energy they've spent interviewing you.
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Anonymous Answer
My expectation is that Honeywell is a fair and just company. Based on my education, experience, and the anticipated value that I will add to the company, I believe that the company will offer me a fair salary considering the market offerings as well.
Kevin's Feedback
Ok, good start.
For starters, as hard as any interviewer or executive will try to recruit those who are aligned with their core values, mission statement, or goals, you should keep in mind that they are running a business. The most desirable candidates appreciate this, and the big picture of what that entails. So be mindful, every department has a budget. They might budget a range of how much they want to spend on the interview process, and a budget range to bring on a recruit. Let’s say the low end is 30,000 a year and the high end is 60,000 a year. By answering that you’ll trust them to do the right thing reveals your lack of knowledge or leadership skills, which will reveal to them your justifiable worth. In this scenario, you can count on them to do the right thing according to their budget and offer you 30,000 a year. If a company conducted every decision they made by being “just and fair” according to your presentation, it would likely not be a very sustainable business. Therefore, you want to sell them on your worth.
You may want to read our guide on how to answer questions about salary. https://www.mockquestions.com/articles/How to Discuss Salary in a Job Interview/
I understand there is quite the shortage in the workforce right now. I am making 65,000 a year with my current employer, with a 2000 bonus at year's end. They’ve offered me more if I choose to stay. Also, it seems fair to mention I have a pretty good insurance plan through work.Traveling to this location would also be quite a commute, and with gas prices where they’re at, this would put a dent in my earnings as well. I imagine, due to the distance, it would cost about 150 a week for gas costs alone. That’s nearly ten thousand a year in gas.
If you don’t mind, I have some questions before I throw out a number. Do you offer health insurance benefits? Is there a remote work option available for this position? Do you offer yearly bonuses? What is your budgeted range that you are able to offer for this position? Are there any other perks worth mentioning?
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