What are your salary expectations?
Ah, the dreaded salary expectations question. Interviewees often feel uncomfortable discussing compensation, worried that they will give a number that's too high or too low. Hiring managers ask this question for multiple reasons. It may be an opportunity to lowball you with an offer, or it could be to ascertain whether your expectations are in line with what they can realistically offer you.
Answering this question tactfully requires a delicate balance of knowing your professional worth, while also understanding what Stripe 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 to 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 120,000 - 130,000."
"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?"
Community answers are written by other candidates practicing this set. Reading how others frame the same question is one of the fastest ways to sharpen your own.
Anonymous Answer
I am expecting a total compensation of about 800000 per year. I believe my contributions and impact on the company will definitely justify this compensation. Also, this will be a good increase from my current compensation in line with the opportunities I am seeing in the industry for my experience.
Amanda's Feedback
I appreciate your straightforward answer, but this question usually requires a bit more finesse. You can improve your answer by eliminating the annual salary number. Instead, assure the interviewer that you have a flexible salary range, but that you'd like to be compensated appropriately based on your experience and performance record. It may be more appropriate to provide a specific number when you're discussing the details of the position or when you receive an offer. You can also ask the interviewer to share what the range is for the role.
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