facebookWhen a company ask for “expected salary”, how much should I put? - Seedly

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Anonymous

19 Jun 2021

Career

When a company ask for “expected salary”, how much should I put?

I’m not sure how to gauge expected salary, of course the higher the better right. For example if I’m earning 50k right now, I would be ok with minimally 55k, but I’m definitely hoping for a higher amount like 70k. Is there a standard?

Discussion (8)

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Alfred

18 Jun 2021

Personal Butler at Devhaus

$X - $Y.

x is the minimum amount you're willing to settle for considering the job scope you'll be undertaking,

y is your ideal amount.

This is a rough gauge. I don't do that personally. My approach varies from situations and is unorthodox. Don't be like me. Follow the XY plan.

You can use the estimated salary of the position in the company via glassdoor or indeed website as a guide.

I would do the following things, look at salary bands on sites like - Glassdoor/Indeed. Look at the role you are applying for and the. Compare. Sometimes a 20% jump may “seem” unreasonable but it might be the right increase given where you are

Kent Toh

10 Jun 2021

Consultant at Sprinklr

Its not a trick question - Just put the salary you expect. If you think 70k is right based on your current market value, then put so.

And if the offer fall below your expectations, check if they are able to compensate in other ways, eg. bonus/options, or if there is potential opportunities of growth eg. increment/promotion to take in consideration. If really not worth, just walk away.

If they give just your expected - then thats in your expectations right?

If eventually after interview, you expect higher than the original expected salary, justify why and the company will surely consider negotiation if it is fair.

Jason Boon

10 Jun 2021

VP at Some PE firm

My advice would be to indicate a number/range that you would be comfortable/satisfied with. It's rea...

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