Figuring out your SALARY REQUIREMENT is an incredibly important part of the transition. Just about every initial conversation with recruiters will include the phrase "what are your salary requirements?" My take is that I want to be paid fairly for the position, not base my salary off some number I came up with to continue my lifestyle...and my retirement check has absolutely nothing to do with it. You'll get lots of advice about this topic, but here are my thoughts: 1) Don't give a number or range unless you know exactly what the position is (level, title and role) and have had time to research what the range for that position is. 2) There are a LOT of online resources out there to do research on salary; keep in mind that Glassdoor is NOT always the best. The data is just provided by anyone with no filter. (Some other links are in the comments) 3) Informational interviews can be KEY. Having mentors that can speak to the specific salary range for that position, industry and area truly help you dial things in. 4) It is called NEGOTIATION for a reason. More than 90% of HR personnel EXPECT you to come back with a counter-offer. Their initial offer often has room to grow because of this. 5) It is business, not personal. The worst that can happen is they say no. #military
A good way to counter the request for your previous salary or salary history is to say “I would prefer to be compensated based upon the cumulative merits of my experience and value that I add to your organization, rather than the past budgets of a previous employer”.
I really struggled with this topic. Thanks to your advise on informative interviews I was able to get a range for salary. I was fortunate that my offer was above what I expected. I still wrote a counter letter for a little higher and stated what I would bring to the organization. Like you said worse case they say no and send you the original offer again.
Awesome advice and information!
I’ve learned so much from your post, thank you Michael Quinn!
Asa few have said already keeping the whole offer in mind is a good idea. i took a little less than i was hoping for for my first job post military but got almost double the leave they originally offered and that free time was very valuable to me. Thanks again for sharing!
Extremely valuable information especially when you've never had to negotiate salary before.
Is that how you would answer the question? ?"I want to be paid fairly for the position." ?
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6 年I appreciate the message in this article.? I am starting to look at my options pending retirement and figuring out salary was a concern of mine.? Tips like these are helping me truly understand how in depth I need to be next year when I'm deep into researching for the next phase of my life.?