{"id":73,"date":"2018-07-22T14:16:20","date_gmt":"2018-07-22T14:16:20","guid":{"rendered":"https:\/\/www.wayup.com\/guide\/?p=73"},"modified":"2019-08-21T16:15:10","modified_gmt":"2019-08-21T16:15:10","slug":"answer-salary-expectations","status":"publish","type":"post","link":"https:\/\/wayupstudent.wpengine.com\/answer-salary-expectations\/","title":{"rendered":"How to Answer: What Are Your Salary Expectations?"},"content":{"rendered":"<p>Being fully prepared for the <a href=\"https:\/\/www.wayup.com\/guide\/handle-back-back-interviews\/\" target=\"_blank\" rel=\"noopener noreferrer\">interview process<\/a> means knowing what questions to anticipate. One of those questions is, \u201cWhat are your salary expectations?\u201d You won\u2019t encounter this question during an internship interview, but it\u2019s likely to come up if you\u2019re interviewing for an entry-level job. Why do employers ask this? If you\u2019re a recent college grad, it\u2019s because they want to make sure that you have a sense of the industry you\u2019re trying to enter and are coming into the job with realistic expectations.<\/p>\n<p><span style=\"font-weight: 400\">Entry-level salaries vary by job type and industry, so knowing as much as possible about your field is extremely important when preparing to answer this question. Another thing to note is that <a href=\"https:\/\/www.wayup.com\/guide\/much-paid-entry-level-job\/\" target=\"_blank\" rel=\"noopener noreferrer\">entry-level salaries<\/a> are most often <\/span><i><span style=\"font-weight: 400\">not<\/span><\/i><span style=\"font-weight: 400\"> open to negotiation.<\/span><\/p>\n<p>Here are some things to keep in mind when preparing to answer.<\/p>\n<h3><b>When it\u2019s <\/b><b><i>not<\/i><\/b><b> appropriate to negotiate. <\/b><\/h3>\n<p>\u201cIf you&#8217;re recruited into a formal entry-level program (a program where a class of people starts together and trains together) the answer is likely going to be no to a salary negotiation,\u201d explains Liane Hajduch, a former campus recruiter for RBC Capital Markets.<\/p>\n<p>This includes fields like investment banking, <a href=\"https:\/\/www.wayup.com\/guide\/ey-sponsored-6-what-is-consulting\/\" target=\"_blank\" rel=\"noopener noreferrer\">consulting<\/a> and engineering, all of which have structured salaries for entry-level jobs. If you\u2019re entering one of those industries, it\u2019s best not to negotiate! However, you should still come into the interview knowing the salary range for the position and having a clear sense of what to expect if you\u2019re offered the job.<\/p>\n<p><strong><i>Say something like:<\/i><\/strong> <span style=\"font-weight: 400\">\u201cI expect to be paid a salary that is commensurate with the industry standard for an entry-level candidate joining this position.\u201d<\/span><\/p>\n<p><strong>Pro tip:<\/strong><span style=\"font-weight: 400\"> Sites like <\/span><a href=\"http:\/\/www.payscale.com\/?utm_source=wayupreferral&amp;utm_campaign=answer-salary-expectations\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Payscale<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/www.glassdoor.com\/?utm_source=wayupreferral&amp;utm_campaign=answer-salary-expectations\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Glassdoor<\/span><\/a><span style=\"font-weight: 400\"> offer a lot of information about salary ranges and can give you additional insights about a company including the average salary by job type.<\/span><\/p>\n<h3><b>When it <\/b><b><i>is<\/i><\/b><b> appropriate to negotiate.<\/b><\/h3>\n<p>If you\u2019re entering a more creative field (think media or marketing) and have previous relevant experience, then negotiation might be possible. \u201cI recommend doing your research on the industry and what similar entry-level hires are being paid,\u201d explains Hajduch. \u201cIf you know your worth, and you have data to prove it, you&#8217;ll have a much stronger case than if you make it subjective or emotional.\u201d<\/p>\n<p>Once you\u2019ve done the research and know the range for the position, be ready to show the interviewer that you have the skills and commitment to deserve the highest salary within that range.<\/p>\n<p><strong><i>Say something like: <\/i><\/strong><span style=\"font-weight: 400\">\u201cI know the average salary for this type of entry-level position is in the $35,000-$40,000 range. I think that I would be a great fit for the role due to my past internship experience and I am expecting a salary within that range.\u201d<\/span><\/p>\n<p>Answering \u201cWhat are your salary expectations?\u201d effectively is easy if you come into the conversation prepared and with some solid research under your belt. Be confident and straightforward, but also remember that flexibility will go a long way toward making a good impression on the interviewer and the company.<\/p>\n<p>Next, get more career tips for internships and entry-level jobs such as <a href=\"https:\/\/www.wayup.com\/guide\/start-applying-summer-internship\/\" target=\"_blank\" rel=\"noopener noreferrer\">When to Start Applying for a Summer Internship<\/a>\u00a0and find answers to common interview questions such as <a href=\"https:\/\/www.wayup.com\/guide\/answer-want-work\/\" target=\"_blank\" rel=\"noopener noreferrer\">Why Do You Want to Work Here?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Being fully prepared for the interview process means knowing what questions to anticipate. One of those questions is, \u201cWhat are your salary expectations?\u201d You won\u2019t encounter this question during an internship interview, but it\u2019s likely to come up if you\u2019re interviewing for an entry-level job. Why do employers ask this? If you\u2019re a recent college &hellip; <a href=\"https:\/\/wayupstudent.wpengine.com\/answer-salary-expectations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to Answer: What Are Your Salary Expectations?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,79],"tags":[46,48,76,197,198,199],"class_list":["post-73","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interviewing-101","category-questions-youll-get-at-the-end-of-an-interview","tag-interview","tag-interview-tips","tag-interview-questions","tag-underclassman","tag-postgrad","tag-senior"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Answer: What Are Your Salary Expectations? 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