Picture this. You’re at a job interview. You’re charming everyone with professional poise and company knowledge. Everything is going according to plan. Even that nasty, no eye contact person has cracked what could be defined as a smile! The session is going extremely well until the employer asks that one loaded question:
“What are your salary expectations?”
If unprepared, those 5 words can kill any chances of a job offer.
What’s in a wage?
It’s always an awkward thing, having to put a price on you, face to face. It’s funny how many people have no qualms advertising how poorly paid they are, but when asked what that number may be, they clam right up!
How does one find out their worth? That really depends on three key factors; what you can afford to be making, your previous experience and what’s considered standard in your industry.
The following website will provide you with national wages by occupation:
This website might be a good starting point to see what the average wage of someone in your field would be. Keep these wages in mind when considering your own salary expectations.
Whenever possible, always opt for a salary range i.e. “35 000 – 40 000 per year” or rate “19 to 22 dollars per hour.” Always consider your level of experience with what you need to survive, but also something that will allow you to exist comfortably.
So, how should your expectations read within a cover letter? Show that you’ve given this question some thought; “After careful consideration regarding the position requirements in relation to my current experience relevant competences, I would aspire toward a salary range between ___ and ____.”
You could also mention how this salary range could also be negotiated upon receiving a job offer, or once a probation period was completed.
By utilizing the salary range route, you leave room for flexibility. Say if you were content to make $18 an hour and the employer was willing to give you $20 per hour, then a rate range between $18-22 per hour would be put you in a great situation.
Give your salary expectations some thoughtful consideration.
As much as you want the job, you don’t want to get a second one in order to survive.
Lidia Siino is the Professional Development & Communications Specialist for MCACES, the Mohawk College Association of Continuing Education Students in Hamilton, Ontario. She has over 12 years of experience working with adult learners and post-secondary students on their respective career development journeys. If you like what you read, be sure to follow our blog and share with your network!