Posted 2w ago
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?
If inputting into a system/application form, I always put $1.
If talking to recruiters, 20% is usually the max they will help you get. If the position is really something that will advance my career, I'll be upfront with my expectation and try to push for 15-20%.
If talking to HR directly, I'll never quote upfront until later stages of the interview, usually a range.
This is not applicable for all industries, but generally in hot jobs like software engineering, data, product management etc, in normal circumstances people don't jump for less than ~15%.
Unless you're in a field where demand drastically outstrips supply, quoting something like 30-40% increment and people won't take you seriously.
Anyway as you can tell, you gotta switch up your approach accordingly. There is no standard, and you shouldn't be sticking to one either.
My advice would be to indicate a number/range that you would be comfortable/satisfied with. It's really up to you.
From a hiring manager's perspective, we have budgets to play around with. At the same time, we need to stay fair to our team members already working in the organisation. For example - it's unlikely that managers will hire pay junior/mid-level staff, no matter how talented they appear to be, higher than the 'cheapest' senior staff. Only poorly run companies/teams with high turnovers/poor culture will not respect pay ranges. Do you want to work in such organizations?
If you indicate an expected salary that's too far away from your current, my advice is that you really need to prepare well how it's justified (maybe you are underpaid relative to the market, you are effectively a plug-and-play candidate, you have exceptional/relevant experience). Also be prepared to have an extended job search.
There are many online tools around for you to sieve out the salary ranges. Recruiters/HR should also apply some common sense when they evaluate candidates (e.g. accepting candidates where salary expectations match on both sides).
Money is a key factor, but as you progress in your career, you will realise that there are many other factors to consider as well (job stability, industry growth, company culture, benefits, etc.). Good luck in your job search.
If you put a high amount, be able to justify why they should pay you and what extra value you can gi...
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