How to Answer: What are your salary expectations?
Advice and answer examples written specifically for an iQor job interview.
2. What are your salary expectations?
What You Need to Know
This question evaluates your expectations, realistic or not, as well as your self-awareness of how this interview has gone so far. Your answer will speak to your professionalism, and therefore your professional worth. Educated transparency is the best route. Revealing how you've calibrated your suggested salary frequently serves as a strong performance indicator. One method is to contrast your current pay rate with where you stand on your career trajectory. Feel free to take into consideration bonuses and incentives. You could even factor in your commute, the job market climate, and any benefits you've had or are hoping for, such as medical/vision/dental. Be open, realistic, honest, and open to negotiation.
Written by Kevin Downey on June 13th, 2022
1st Answer Example
"Currently, 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 slightly higher."
2nd Answer Example
"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."