How to Answer: What are your salary expectations?
Advice and answer examples written specifically for an Executive Recruiter job interview.
25. What are your salary expectations?
How to Answer
When you change positions, you want to see an increase in wage. Most interviewees will typically aim for a 7-15% increase for each time they change jobs. This range offers room for negotiations with the new company. This percentage increase reflects economic inflation, unique skills you bring to the table from the last time you joined an organization, and an increase in responsibilities.
In many states, it is now illegal for hiring authorities to ask about your current earnings. Regardless, a question like this will give the interviewer a solid idea of what you are hoping to earn, and will likely come up in one form or another.
The best way to discuss your salary expectations is to use your current earnings as an example if you are comfortable doing so. If this makes you uncomfortable, do give as many indicators as you can. Be open, and honest. Transparency is the best choice when salary based questions arise.
If you are newer to your career, or the area, and are unsure of what a fair ask may be, there are many reliable salary calculators available online.
Written by Rachelle Enns on July 19th, 2021
1st Answer Example
"Currently, I earn a base salary of $75,000 per year, plus commission on all placements. I want to earn slightly higher in my next position, as I have additional certifications and achievements since my last salary negotiation took place."
Written by Rachelle Enns on July 19th, 2021
2nd Answer Example
"I can share with you what I am currently earning, and where I would like to be in my next position. Currently, I am earning a base salary of $98K plus bonus 30% opportunities with every placement. Last year my earnings were $185K, and I'd like to earn above that in my next position, to reflect the MBA I recently acquired."
Written by Rachelle Enns on July 19th, 2021