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Standard Bank Mock Interview

Question 27 of 34 for our Standard Bank Mock Interview

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Question 27 of 34

We offer competitive pay and benefits at Standard Bank. What are your salary expectations?

"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."

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How to Answer: We offer competitive pay and benefits at Standard Bank. What are your salary expectations?

Advice and answer examples written specifically for a Standard Bank job interview.

  • 27. We offer competitive pay and benefits at Standard Bank. What are your salary expectations?

      How to Answer

      Interviewees often feel uncomfortable discussing compensation because they are worried that they will give a number that's too high or too low. Answering this question tactfully requires a fine balance of knowing your professional worth and understanding what Standard Bank 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 research beforehand using various online resources to ensure 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 to discuss 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.

      1st Answer Example

      "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."

      2nd Answer Example

      "Thanks for asking. I was hoping to get more information first about the salary range you're offering for this position. Would you be able to share that information with me?"