I have a second interview at a local bank tomorrow. Before I was asked to come in for the first interview they asked me the MINIMUM salary for me to consider a change in careers. I responded with $35K. I just researched the median salaries for professionals in this industry. My research shows that the median salary ranges from $42-$45K. If I recieve an offer how do I negotiate my salary?
2006-08-08 07:38:16 · 5 answers · asked by scott 3 in Business & Finance ➔ Careers & Employment
Well you made a mistake talking salary before an offer is on the table, but hey, we all make mistakes and sometimes it's hard to think on our feet when presented with that question. In the future, you will want to answer that you are sure they will make you a fair offer when it comes time to discuss salary, but for now you are interested in learning more about the position and company.
So, to the situation at hand. First of all, can you justify your worth? This means can you relate any of your actions at previoius positions back to income for the company? Did you recieve any commendations/awards? Do you have extensive experience? If you are just out of school, did you have a 3.2 GPA or higher? Dean's list?
If you go down the road speaking about median salaries for the industry this communicates that you are happy with median salary. Now if you don't have a lot of experience, it's more difficult to argue your case, but it is far more convincing to say to someone, I am worth $45k/year because of this, this, and this, rather than I am worth $45k/year because that's what other people in the industry get paid.
It's time to think about all your past accomplishments and your track record and use it to your advantage.
2006-08-08 08:42:06 · answer #1 · answered by Jim B 2 · 3⤊ 0⤋
If $35K was your minimum you felt like you could be happy with that, not the maximum? It only changes when you saw some info on the internet? If that info was on salary.com it was WAY over-inflated. Median salary for employees with how much time at their position with the company? Many factors to consider.
2006-08-08 15:52:23 · answer #2 · answered by Sharingan 6 · 0⤊ 0⤋
First thing to figure is whether your experience and track record would justify a particular salary. If you are not getting that much, talk to your present employer. If he is not forthcoming, start talking to others, but don't start talking salaries (or tell how much you are now making) until a fit is established. Once you get to that point, it's like buying a used car: haggle!
2006-08-08 14:45:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Ask about frequency of raises
2006-08-08 14:45:14 · answer #4 · answered by Billy S 3 · 0⤊ 0⤋
You should ask 4 da $45k that u mentioned i think............
2006-08-08 15:53:18 · answer #5 · answered by Anti_Imperialism 2 · 0⤊ 0⤋