Siemens Internship Mock Interview
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Question 28 of 30
What are your salary expectations?
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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.
I am currently making 65,000 a year with my current employer, with a 2000 bonus at year's end. Understanding there is quite a shortage in the workforce right now, they've offered me more if I choose to stay. Also, it seems fair to mention I have pretty good health insurance benefits through work. Traveling to this location would also be quite a commute, and with gas prices where they're at, this could 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, before I throw out a number, I have some questions. Do you offer health insurance benefits? Is there a remote work option available for this position? Do you offer yearly bonuses? What is the budgeted range that you are able to offer for this position? Are there any other perks worth mentioning?
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. This not only gauges your expectations but your self-awareness of how the interview has gone. This is where you'll show your hand and how you not only value yourself but how realistic your expectations are. Your expectations may be unrealistic, or perhaps they sell you short. Either can be revealing with your career trajectory.
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.
Find a realistic goal regarding salary by doing your research. Be wary of selling yourself short. Don't aim too high either. The best way to discuss your salary expectations is to use your current earnings as an example. Your current earnings and where you feel you are on your career path, contrasted with where your ultimate career goals are heading, should give you a reasonable expectation of what you should ask for. Be open, realistic, and honest. Transparency is the best choice when salary-based questions arise.
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