How to Answer: What are your salary expectations?
Advice and answer examples written specifically for an Academic Dean job interview.
32. What are your salary expectations?
Why the Interviewer Asks This Question
The interviewer asks about your salary expectations to better understand them and see if they align with the institution's budget. It can also help them determine if you are a good fit for the position and if they can meet your expectations. It's important to be honest about your salary requirements while also being open to negotiation. Remember, the interview is a two-way conversation, and it's essential for both parties to feel comfortable with the compensation offered.
When discussing salary expectations, it's essential to approach the topic carefully. You want to communicate your value while also being realistic. One effective way to respond is to research the average salary range for an academic dean in your region and then offer a range that aligns with that information. For example, 'Based on my research, I understand the average salary for this role in the area is between X and Y. I would be comfortable with a salary within that range, depending on the specific responsibilities and benefits offered.' It's also important to consider other aspects of the compensation package, such as health benefits, retirement plans, and vacation time. Be confident and transparent in your response while demonstrating you have done your homework.
Written by Krista Wenz on June 13th, 2023
Entry Level Example
"As I am newer to my career as a dean, I would like to be offered a fair salary that reflects my recent education. I am most concerned with joining an organization that will help me to grow my career as an academic dean, which I can see doing with your university. That said. I would like to make the starting salary as noted on your job announcement."
Written by Krista Wenz on June 13th, 2023
Answer Example
"Currently, I earn a base salary of $75,000 per year plus a potential annual bonus and benefits. Last year my earnings were $82,000. I want to stay in the same range or slightly higher, including the benefits package mentioned in your job posting."
Written by Krista Wenz on June 13th, 2023
Experienced Example
"I am currently making $103,000 per year with an additional comprehensive benefits package on top of that. I am looking for compensation aligned with my current earnings and which provides an opportunity for growth."
Written by Krista Wenz on June 13th, 2023
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(If pushed for an actual number):
"My target salary range is $XX-XX; does that align with what you have allotted for this role?"
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