How to Answer Salary Expectations on a Job Application Form (from former CEO)
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- เผยแพร่เมื่อ 29 พ.ค. 2023
- With former CEO. How to answer salary expectations on a job application form. You can't write anything other than a single number, and you can't skip the question. Let's discuss the job application format for expected salary - this could be in a cover letter for a job application or an online form, such as a web form. How to specify expected salary, desired salary, or pay when no discussion or conversation is possible. On this channel, I cover hiring and employment principles, the recruiter's perspective, job interview questions and answers, answering your questions, and more!
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So what are your salary expectations? How do you answer this in a job interview?
It is not how you answer on a job application or online form. To us, it's not the same thing. Here, you can't give anything other than a single number, and you can't skip the question. It requires a whole different way to respond.
Okay, you're right at the beginning of the process, and make no mistake, the purpose of this question here is to do a pass-fail elimination. It is not a serious discussion about pay. The goal of each stage of the selection process is to get to the next stage. Don't be thinking about the end when they give you an offer.
They intentionally don't tell you much about the job at this point. You usually don't know things like: Is it a toxic workplace? Do they require overtime? Will your job duties change often? Will your boss be a jerk? Are there opportunities for advancement? Are there good benefits? How strict are they about breaks? Will they let you work remotely? Are your co-workers insufferable? Do they fire people for the smallest infraction?
And here they are trying to lock you down on a required salary. Don't you hate being put on the spot like this? Now here's what you do: All those blank spaces, those unknowns since you're in the dark. Imagine they're the best-case scenario-perfect job, secure, wonderful people, you'll love your boss, you'll advance rapidly, they're flexible, accommodating, fantastic benefits, they train you in leadership skills, etc., etc.
Nice. Now give the lowest number you'd ever possibly accept to do this job. How much money would you need to do this dream job? That's what you fill in. Now, as you learn more about the working conditions, etc., you can always then revise that figure upwards to the West. This way, you won't get eliminated automatically at the beginning for your desired salary expectations before they've even considered you properly.
What's the worst-case scenario? That they offer you the job. That's a problem many people look forward to, but wait, there's more!
Now, I know what you're thinking. If their approved salary range is far below my requirements, isn't this a waste of my time? A waste of my time? Listen, once you get to the last round of the hiring process and they like you and they want to hire you, then you have the ability to do some salary negotiation. This is a very legitimate and common thing.
The strategy is to get to the end of the process, make them fall in love with you and offer you the job. Your price is negotiable if they feel they're getting value for money. Organizations behave this way, I behave this way, you behave this way.
Now, even if they dig their heels in, you still come out on top. You now have this job as a fallback option. You've also just refined your job interviewing skills and your salary negotiation skills. Whichever way you slice it, you come out on top.
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Yes, thanks Bill. I'm currently job hunting and will apply those tips. Beers on me if we ever meet.
Thank you! Makes sense and it's good to know that a CEO thinks the same way. Now I can finish my job application.
I just received a job offer after watching your videos for a second interview! Thank you!
That's great news, Ted!
Just had this question asked to me a few days ago and wasn't sure how to respond. This makes perfect sense, Thank you
What if the company’s HR tells you they are not allowed to negotiate salary, and just offer you a number?
Great video
Could I ask a potential employer for the company handbook?