I am applying for a job at the CIBC
on the application it asks this question I am required to answer
Desired Compensation Rate- Annual, Day / week Hourly
2006-10-05 12:45:24 · 11 answers · asked by ? 2 in Business & Finance ➔ Careers & Employment
I usually answer "negotiable", since they don't know what you want, and you don't know what they want to pay. Obviously you want as much compensation as you can get, and they want to pay as little as they can... so it's a negotiation, and that reply begins a dialog.
2006-10-05 12:49:11 · answer #1 · answered by Chrome Toaster 3 · 1⤊ 0⤋
Find out what other people are making in the similar field, and then base it on your experience. Usually people go for the higher end of the scale so there is negotiation room. But if you max out right from the start, they may just tell you to go away.
2006-10-05 12:48:16 · answer #2 · answered by artisticallyderanged 4 · 1⤊ 0⤋
Go for annual because it means the compensation's company is based on a commercial, or industrial bank. not an a regular bank like most of companies do
2006-10-05 12:53:45 · answer #3 · answered by Pink Panther 5 · 0⤊ 0⤋
the best thing to do is estimate what the position pays in your area and add $10,000/year to it. never underestimate yourself. remember, these people don't know you. if you put down that you are only worth 25,000/year they will think that you aren't that valuable of an employee. if you put down that you are worth 35,000 they will think you are much more worth the investment. also, they only question that a prospective employer is allowed to ask a former employer is whether or not they would hire you back, at least in the state of florida. never put down the actual amount you made at your last job. always add some moolah to it. trust me, i do this for a living
2006-10-05 12:53:45 · answer #4 · answered by Lew 2 · 0⤊ 0⤋
I usually write negotiable that way there is room to meet in the middle!!
2006-10-05 12:48:53 · answer #5 · answered by sicilyuk 3 · 0⤊ 0⤋
negotiable is all ways good to put!! I am not sure what job title you are applying for but $10.00 to $15.00 is good I recommend $10.00 but it all depends on the title!!!
when in doubt write " Negotiable"
2006-10-05 12:52:42 · answer #6 · answered by Adam D. 6 · 0⤊ 0⤋
answer with "Negotiable", but make sure you check out the current market rate so you don't get low-balled.
2006-10-05 12:47:34 · answer #7 · answered by dabean003 2 · 1⤊ 0⤋
how often would you like to be paid? that is what it is asking. some other people may say it means what do i want to be paid but if you read it carefully it says RATE, not AMOUNT.
2006-10-05 12:47:13 · answer #8 · answered by ~Amber~ 4 · 1⤊ 0⤋
I have answered "whatever current market value is".
2006-10-05 12:46:34 · answer #9 · answered by Anonymous · 0⤊ 1⤋
go for broke !! 1,000,000
good luck
2006-10-05 12:46:29 · answer #10 · answered by Big R 6 · 0⤊ 1⤋