How to Answer “What Are Your Salary Expectations?”

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Harvard Business Review

Harvard Business Review

Күн бұрын

Пікірлер: 433
@norah1091
@norah1091 9 ай бұрын
Since every position is budgeted, why isn't salary amount included in the job ad?, Saves everyone's time
@frankiesosweet24
@frankiesosweet24 8 ай бұрын
Probably because if your expectations are lower than their budget they end up “saving”.
@nikolatesla708
@nikolatesla708 8 ай бұрын
Absolutely agree.
@bournejason66
@bournejason66 8 ай бұрын
Some companies listed the range for the job.
@EdgarVerona
@EdgarVerona 8 ай бұрын
Thank you. It blows my mind that they are pretending that this isn't the appropriate solution if the question genuinely was to see if they can meet your expectations. They have the power and the knowledge. If that was all they cared about, they would be sharing their range upfront.
@Greg-om2hb
@Greg-om2hb 8 ай бұрын
It is now, in California.
@mark_tolver
@mark_tolver 8 ай бұрын
Put the pressure on them and ask “What salary range are you able to offer?” It’s straightforward and they won’t want to be judged as being too cheap.
@Ford_prefect_42
@Ford_prefect_42 8 ай бұрын
Wow that's a great point mark. Thank you!
@iBenTV
@iBenTV 7 ай бұрын
genuine question tho, won't they be able to just reply with "sorry we can't disclose this information"?
@mark_tolver
@mark_tolver 7 ай бұрын
@@iBenTV I would simply ask “Why is that?”. If they then reply “Our remuneration scales are confidential.” (or something along those lines), I’d stand up, offer them a handshake, say “Well thank you for your time, that’s all I need to know.” and then walk out. If they then say “Where are you going?” just say, “If your company can’t be transparent and honest from the start of a working relationship then it doesn’t bode well for that relationship going forward.” You keep your integrity and can walk out with your head held high and their professionalism looks poor. You’re exchanging a very large chunk of your life by working for them, approach it professionally but with the mindset that you’re interviewing them to see if they’re worthy of you investing that amount of your life into them.
@stanvanillo9831
@stanvanillo9831 6 ай бұрын
Woah, you are a real badass!!!@@mark_tolver
@marklopez5267
@marklopez5267 6 ай бұрын
Just literally had this happen to me. Was put on the spot asking for salary expectations during an interview with two execs and responded with this same reply. Put the ball in their court, get all info, and don't sell yourself short.
@Alorand
@Alorand 8 ай бұрын
There should be a "Job interview board game" so that everyone can get used to these conversations starting from middle school.
@CornyBum
@CornyBum 7 ай бұрын
Make it an RPG with complex dialog trees. :)
@wvagner284
@wvagner284 7 ай бұрын
Because it allows recruiters to save some money in caso they do not need to pay you the whole position budget.
@jellybeanbear7017
@jellybeanbear7017 6 ай бұрын
Yeah this is like a mind game 🤣
@TheTbarnard
@TheTbarnard 3 ай бұрын
Make it. There's your million dollar idea of the day.
@Awesomes007
@Awesomes007 8 ай бұрын
“Money is important but not as important as my environment, work, or teammates.” This has paid huge dividends my whole life. I’ve never suggested a salary and their offers are always higher than I would have asked for.
@fltfathin
@fltfathin 8 ай бұрын
agreed, getting seven figures but living cost is six figures monthly is worse than getting five figures but living cost is three digits. also between needing to commute and buy a car or work from home and getting public transit once in a while means getting cars and its subsequent needs and costs.
@Gareth.W
@Gareth.W 8 ай бұрын
Same here. I've used the same technique successfully in my last few roles. I worded it about how the salary only makes up part of the package, along with things like training budgets, flexibility around scheduling, working environment, holiday entitlements, etc... And that it's this whole package that motivates me to perform at my best. They seem to have always liked that, rather than just saying "I want to earn €xxx p/year".
@Ultima2876
@Ultima2876 8 ай бұрын
@@fltfathinI feel like if you’re getting over a million dollars a month you’re probably not applying for the kinds of jobs that will be too bothered with this question in the first place…
@soirema
@soirema 7 ай бұрын
I was specificly asked to SPECIFY the number, if I said something like this
@Awesomes007
@Awesomes007 7 ай бұрын
@@soirema repeatedly refuse. And, repeat the mantra that other things are more important. I’ve declined to specify a number for weeks.
@alexspata
@alexspata 8 ай бұрын
I so love that meme: -Your salary expectations are very high giving your low experience. -Of course, it will be a very hard job for me, since I don't know what I'm doing 😂
@terrisine3344
@terrisine3344 7 ай бұрын
😂😂
@TheNefastor
@TheNefastor 7 ай бұрын
That's a C-suite move.
@jellybeanbear7017
@jellybeanbear7017 6 ай бұрын
What would be the best way to answer this tho 😂
@googoofeesmithersmits4536
@googoofeesmithersmits4536 7 ай бұрын
"They don't ask for it to try to pay you as little as possible" *proceeds to explain that's exactly the reason why they ask but with different words*
@aoidoll
@aoidoll 6 ай бұрын
Exactly 😂
@anastasiiazdorikova
@anastasiiazdorikova 8 ай бұрын
These strategies are so American specifically. I just went through a hiring process in Germany and there you are expected to give a specific number. German coaches coach you to state it confidently, in one sentence, without any explanations, and then just pause and wait for a response. I'm also not German, and in my country I'd do the same. But my sister in the US did tell me that those negotiation strategies were what one should train oneself to do
@XEQUTE
@XEQUTE 8 ай бұрын
nope, its prevalent in india too ( or even in the apac region)
@falkschonfeld2370
@falkschonfeld2370 7 ай бұрын
Interesting, I've recently switched jobs and stated ranges to both potential employers and recruiters (basically following the #2 approach) and never ran into problems. I often initially got clear numbers back but most were open to some negotiation.
@XEQUTE
@XEQUTE 7 ай бұрын
asian companies/ small startups won't ever do that@@falkschonfeld2370
@melissa.deklerk
@melissa.deklerk 7 ай бұрын
I am also a foreigner living and working in Germany. And yeah, the interview and hiring culture is different here.
@alper_mulayim
@alper_mulayim 27 күн бұрын
In Europe, HR does not care about anything. HR care about only profit charts. Mindset is not about employment value, is about profit from you.
@mikemillerdesign
@mikemillerdesign 8 ай бұрын
Two words. Salary. Transparency.
@StaffyDoo
@StaffyDoo 7 ай бұрын
Exactly. This.
@BM-zv4xz
@BM-zv4xz 8 ай бұрын
Specifying a range is exactly like specifying only the lower number in that range, because that is the only thing the interviewer will hear.
@itoibo4208
@itoibo4208 8 ай бұрын
ikr? That is like saying "I will sell this car to you for between 3,000 and 8,000 dollars."
@BillyViBritannia
@BillyViBritannia 7 ай бұрын
And that's why the low number is the number you are actually targeting. If they happen to feel pressured to offer you something in the middle you get a bonus.
@vibhorkaushik5050
@vibhorkaushik5050 6 ай бұрын
And employers always had an upper hand in the entire process... At times I think, is there any amount of preparation that convinces the employers... This all becomes so scripted that you know through your instincts that the employer is not going to get convinced with what you quote. And poor needy employees have to agree with what the employer offers..
@marvelmusic4566
@marvelmusic4566 4 ай бұрын
You don't want a job that is going to keep you in poverty. A 3% raise won't always cover the rate of inflation. If a company can't pay you a wage you can PROSPER off of , they are not worth your time.
@TheNefastor
@TheNefastor 7 ай бұрын
I'm halfway through my career and I don't take that shit anymore. Now I'm the one who asks that question of potential employers if they dare post a job offer that doesn't come with a number. It's time to end that BS. You said it yourself: every position is budgeted and they know the budget, I dont.
@trishna_6815
@trishna_6815 7 ай бұрын
exactly, if they can't answer, they aren't serious, and/or they're trying to lowball you in which case I don't want to work for them. I just shut it down immediately. if they are actually serious, they'll come back with an answer straight away, usually higher than you thought. If not, I've saved my time.
@cisium1184
@cisium1184 6 ай бұрын
I’m confused. Why would you solve this issue yourself with a simple question when you could just complain until government, solver of all problems and salver of all wounds, handles it for you?
@TheNefastor
@TheNefastor 6 ай бұрын
@@cisium1184 I'm French. We solve our own problems, including the government when it becomes one.
@BasementEngineer
@BasementEngineer 3 ай бұрын
The: In fact the budged will be a range; it is up to you to ensure that the offer to you is near or at the top of that range.
@a.j.4644
@a.j.4644 9 ай бұрын
I wish she had a comment for the VERY COMMON reality that this question is asked in the online application process. You HAVE to answer. The answer HAS to be ONE number, not a range (although some do offer ticky boxes for ranges). It's awful, esp when they have offered no salary range in the description.
@timewarptrio11
@timewarptrio11 9 ай бұрын
I would input 0 or 12345 or some other clearly fake number just to submit the form
@productdesign9626
@productdesign9626 9 ай бұрын
@@timewarptrio11 yep I just put "1". If that disqualifies me, I didn't want the job.
@amygallo1923
@amygallo1923 9 ай бұрын
This is tricky! I recommend writing "negotiable" into the field if possible. If it demands a number, then you can write "0" and in a comment elsewhere mention that you would like to learn more about the position before naming a salary. Another option is to choose a number based on the information you do have and that you'd feel comfortable being paid, adding some wiggle room for negotiation. This field typically isn't meant to lock you into a specific number but to weed out applicants whose desired salary is outside their budget.
@cyyrious
@cyyrious 8 ай бұрын
Yes I put 0 or 1 and still got call backs it’s letting them know I like to discuss salary
@Jonathan2x6
@Jonathan2x6 8 ай бұрын
@@timewarptrio11that would show that you cant comprehend a simple question and its off to the next candidate. Well played 👍
@thespeedygoalkeeper2025
@thespeedygoalkeeper2025 3 ай бұрын
When they ask my salary expectations, I always give them this line --- which has doubled my salary: "I just want an offer that's fair. One that reflects my skills and experience." You will be surprised at what they offer you. You nailed the interview. They love you.
@ArunKumar-vd6tk
@ArunKumar-vd6tk 3 ай бұрын
You nailed it but it wont work everywhere, I believe its always better to have an Ideal number and an Okay to settle number when it comes to defining the range for our role in the prospective company.
@artpil
@artpil 7 ай бұрын
More than once you've advised saying you don't fully understand the role in order to dodge the question of salary expectations. Can't imagine this sounds very good to the interviewer.
@leopold3146
@leopold3146 6 ай бұрын
Because the interviewer doesn't give a shit to your misunderstanding of whatever else is kinda bothering you. Everything they want from you at the moment is the lowest number to be put into the offer. That's exactly how they use it later on.
@Eagle-gl7bq
@Eagle-gl7bq 2 ай бұрын
I guessed that this video is for their new graduates.
@ryanshannon6963
@ryanshannon6963 12 күн бұрын
@@Eagle-gl7bq I think so. It also depends who the interview is with. If this is rando from HR hiring for an Engineering gig then they're most likely not going to understand the nuance, scope or specific requirements for the role. I've said this with non-technical people and it's fine. *USUALLY* how it goes is there's a job listing with expectations/requirements. Interview states things that are similar but other areas that are tangentially related but expand the scope of someone that typically operates under that title. I then have to explain the expanded scope depends upon a number of factors that aren't related to the core functions listed and then ask if there are subsequent interviews for this position. If so, I say I'll wait until I have an interview with the actual team or supervisor of this role. If not, I'll tell them the typical scope for the expanded requirements/expectations and then leave it open ended stating, "assuming that's it and not more;" and give them the upper end of my salary expectations for that type of work. This is usually appreciated since I find it shows the interviewer that I have a fairly good grasp of role expectations and what goes into that role, even with the "curve balls". I find that typically in tech the roles are Role.5, meaning they want a cloud developer + "some security ops" scopes, which is not typically in the purview of a cloud developer. This also makes it a perfect opportunity for you to ask what the desired expectations are for that role in 1 year, 2 years, etc...assuming it graduates to greater responsibility/scope of responsibility outside the immediate requirements, you can ask for that higher salary range since it's an investment for both of you as you'll be expected to expand your skill set while working.
@ccolivardia
@ccolivardia 7 ай бұрын
Let’s normalize salary/salary range transparency in job listings so we can stop wasting peoples time.
@xvsotomayor
@xvsotomayor 8 ай бұрын
I understand her perspective on the discussion of salary as an interview question response, but, let's face it, a number or range is generally expected once you've been made an offer. I live in California, where certain employers are required to advertise a salary range, so that helps me weed out positions that don't pay what I would potentially be asking. Personally, I took ALL my expenses for living, added my reasonable yearly savings goal, and that became the low end of my range. I then multiplied that number by 1.5 and took the median between my number and that product as the high end of my range. This makes sure I've got everything covered to live and thrive and I'm only negotiating on how big a cherry is on top.
@letsRegulateSociopaths
@letsRegulateSociopaths 8 ай бұрын
nice method. Hope you are doing well.
@happily_blue
@happily_blue 8 ай бұрын
isn't your high number just your first number x1.25 ?
@xvsotomayor
@xvsotomayor 8 ай бұрын
It is, in fact lol​@@happily_blue
@JoelJohnson24
@JoelJohnson24 8 ай бұрын
"What are your salary expectations?" *heist music intensifies "What's your budget?" "We don't have a budget." "What's the market range?" "A little down at the moment." "I believe I bring a lot to the table." "Possibly. But this is a pretty standard role." "Can I get back to you on this?" "We'd rather have an initial number to start with. What was your salary in your previous job?" "CAN'T SAY! SIGNED AN NDA."
@alexspata
@alexspata 8 ай бұрын
yeah, this sounds more realistic than the bullshit mentioned at least in the first part of the video 😂
@TheNefastor
@TheNefastor 7 ай бұрын
If they corner you, do a Doctor Evil. "One MILLION Dollars !"
@IHS808
@IHS808 7 ай бұрын
LOVE that TikTok
@thorstenreitz7302
@thorstenreitz7302 8 ай бұрын
At my company, we always list the salary band on the job description. However, sometimes it is quite wide, so, after the initial 30 to 45 mins, I will also ask what they (as a candidate) expect. At this point, we will already have determined principal role and contribution level fit, so a discussion along the lines of "let me talk more about my skills/contributions" would not work well there. However, I explicitly invite candidates who are not satisfied with the band we propose to ask the question "what do I have to do to reach salary xxx". We can then discuss how they could get there. I really enjoy these discussions, as they are focused on value, and not cost.
@LydiaKrow
@LydiaKrow 8 ай бұрын
Very helpful context and advice! I wish all companies posted a range. Not sure if anyone else thinks this way, but I tend to see it as a red flag if they don't post it in the job description, and a no-go if they won't at least state it in the interview. I never thought about approaching it this way.
@keikofay9804
@keikofay9804 6 ай бұрын
About the comment at 1:27 "typically, hiring managers and recruiters want to make sure they can afford you". I am not sure I agree with that. I think it is more typical --no matter a company's budget-- that they will pay as little as a candidate allows. Few companies will pay out one cent more than they absolutely must. If it weren't largely true, wages would be more openly disclosed. My two cents is, it comes down to a candidate knowing their worth and pitching it plainly and with pseudo-nonchalance. Desperation is just as bad (or worse) than being too rigid or aggressive!
@immcguyver07
@immcguyver07 8 ай бұрын
Ambiguous question equals Ambiguous answer. "You said we are a groundbreaking industry leader with top pay and benefits. I would say that a salary in the 90th percentile for this area for this position is perfect."
@beigenegress2979
@beigenegress2979 7 ай бұрын
You are a genius!
@vibhorkaushik5050
@vibhorkaushik5050 6 ай бұрын
That sounds very soothing to say and feels like it gives a sense of power, however we all know that it doesn't work this way in the real world where hiring managers think they are so intelligent and entitled to be ambiguous in asking such questions but at the same time they are too dumb to understand a similar ambiguous responses therefore they insist on a clear, specific figure which is also easier for them to process and decide upon 😜
@SailingCatamaranElement
@SailingCatamaranElement 8 ай бұрын
My previous company had salary brackets attached to levels 1 through 8 for the different career paths within the company. My answer would be to ask whether the interviewing company has such a system in place, and based on my qualifications and experience, where do I fall into their level system, and what salary bracket applies to that level? If they do not have such a system, my next question is what system do they use equitably pay their employees....
@catatonicbug7522
@catatonicbug7522 7 ай бұрын
"Equitably pay their employees"?? Since when is that an employer's goal? They want to fill the seat and retain as much profit for the shareholders as possible. Shareholder primacy, after all...
@SailingCatamaranElement
@SailingCatamaranElement 7 ай бұрын
@@catatonicbug7522 In an engineering firm, you fill those seats with the most talented and dedicated individuals you can find and make the employees themselves shareholders. That's how you build a successful company over 60 years...that is where I chose to work for 20 years....
@wednesdaysangel1
@wednesdaysangel1 8 ай бұрын
The entry level catch 22 where a person would need experience to land an entry level role, say help desk, and in turn...that same person would require having worked to gain experience doing the entry level thing that they'd need experience to be accepted into doing.
@dneary
@dneary 8 ай бұрын
I don't answer that question. Turn it around. "I'm not concerned about the salary, I care more about the role and responsibilities, and whether I'm a good fit. As long as the salary is at a fair market rate, I don't think salary will be an obstacle."
@leopold3146
@leopold3146 6 ай бұрын
"But we need to make sure we won't disappoint you with our offer beforehand."
@productdesign9626
@productdesign9626 9 ай бұрын
I have a number, and it's not very flexible. It's what I need to live the life I want, without going overboard. It's also pretty much exactly what I was making years ago (inflation-adjusted) BEFORE I went and got a four-year degree. So I think it's pretty fair. If someone asks me directly, I am happy to answer. I explain that's where I think I should be, and what someone with my skills and experience deserves, but that it's a target for the next 1-2 years. If I start a bit lower, with a very clear pathway to my desired salary, then that's fine. And I totally agree that since salary isn't the only factor, it's fine to be vague or completely refuse to pin yourself down. WAY more important than the final salary figure is the combination of: work environment, career progression, flexibility, training & development, stimulating & rewarding duties, culture, and many other non-tangible factors. Without those, no salary is worth it.
@boombox05
@boombox05 8 ай бұрын
It's clear that this person hasn't looked for a job in a while. Applications for job postings ask for expected salary as a required answer on the website that is accepting the application. You have to answer at the same time that the resume is uploaded, or the application isn't even accepted by the system. You simply CAN'T type in a range or "redirect the question." This content was relevant in the 90's but not today.
@legoguyver7459
@legoguyver7459 8 ай бұрын
I usually put 1 dollar and they can inffer that I mean that I am probably already towards the top.
@jcnash02
@jcnash02 8 ай бұрын
1 is a valid answer
@unknownKnownunknowns
@unknownKnownunknowns 6 ай бұрын
her first sentence was..." in a job INTERVIEW..."
@shalynm1554
@shalynm1554 6 ай бұрын
Not all applications ask for expected salary, it depends on the company and state. Regardless the question still comes up during interviews so a job seeker needs to be ready to answer it properly and negotiate.
@xnavyro
@xnavyro 6 ай бұрын
Another thing to consider is, whether the position is exempt or non-exempt (i.e. x1.5 OT)? Also, what the expected overtime will be whether is paid or especially, if it’s unpaid! I took a jib at a good salary, but worked 70+ hours a week which substantially lowered my salary? I left as soon as I could find another job immediately! Also, whether a defined benefit (pension) is offered & whether bonuses are paid & what basis is used to determine those bonuses? Benefits like quality of health insurance, vacation or PTO are offered as well? Lots to consider??!
@rainbow7548
@rainbow7548 8 ай бұрын
I am not really sure, if asking their budget is the right way. I tried and generated in two different nterviews the same response : "We are not negotiating salary". While these people think to give some HR insights, companies think about their own responses. Candidates are still several steps back left.
@NathanHarrison7
@NathanHarrison7 8 ай бұрын
Literally the best coaching session ever. Super practical. Great tips. The only thing I would add when you’re stating your salary range, talking about the benefit package, etc, is to state how important it is to be engaged, to learn, to work for a well connected and dynamic and fun team. Essentially highlighting EQ not just IQ.
@jpo3811
@jpo3811 8 ай бұрын
Required application form field that only accepts a number: this often happens on job applications where no amount is advertised. If you attempt anything else, your application cannot be submitted. All you can do is walk away from those applications.
@TheNefastor
@TheNefastor 7 ай бұрын
And walk away you should. This can't be a good employer.
@Kurayamiblack
@Kurayamiblack 3 ай бұрын
My current job asked me this question during the video interview with 4 managers and without hesitation I gave them the exact amount that position was going for by default. They all paused awkwardly and someone finally asked what made me pick that amount. I said "That's how much the position is listed for, so that's what I expect". They had no idea how to respond to that and changed the subject 😅
@keithkeller6509
@keithkeller6509 8 ай бұрын
Key thing to remember from a great job coach I once had-The first party to state a salary, is the loser in the negotiation. Make sure it’s not you.
@tonimaunde
@tonimaunde 8 ай бұрын
Great video, but I disagree with some of the tips shared when discussing the compensation: the salary is a compensation for your time and labor for the employer. Justifying it shifts the power in their favor, when a job interview should be about learning whether the candidate and the potential employer are a match and that they agree on the value both offer to one another. If they believe the compensation you have in mind is "too high", that means there's a mismatch in the perceived value you'll bring to the table, making the candidate and the company not a match.
@NotHeresrsly
@NotHeresrsly 8 ай бұрын
This is good advice - it just sucks that we're Still in a place/year where the people who supposedly need someone to do some of their work, can't solve this non-problen by just providing the salary range/budget to begin with, so then there Can be an actual negotiation ('as this role doesn't seem to match your skills/experience, we would like to offer you the bottom of this range, and see how your grow into the role', then you could negotiate from that point or not, etc)
@ImpureForce
@ImpureForce 8 ай бұрын
Here's a simple solution to save everyone time. The employer puts the salary range (depending on the experience) in the job ad.
@savagepro9060
@savagepro9060 8 ай бұрын
No! They rather invite you in, THEN, twist your arms!
@beigenegress2979
@beigenegress2979 7 ай бұрын
What?!? Impossible! Too complicated!
@superuser8636
@superuser8636 8 ай бұрын
Great advice. I’ve found that over time, in my own career, I’ve built up a list of value services I can provide so there are tiered responsibilities that afford certain salary ranges. For instance, working on a single project for a role may not warrant a 6 figure salary right away, but as you climb and gain responsibilities and can start managing other products and people, you will start to recognize money as time and how fast you can accomplish the set of tasks for the money negotiated. Once you realize you can complete certain tasks in a set amount of time for a good business value, you will have unlocked the power potential of your salary earning ceiling and the power of negotiation.
@JonathanStanley
@JonathanStanley 9 ай бұрын
I find the American practise of not publishing salary and compensation package in the job advertisement bizarre...
@user-kgrb4np
@user-kgrb4np 8 ай бұрын
Me too. Very bizarre and toxic.
@joyful
@joyful 8 ай бұрын
even internally. it's been my experience that individual contributors can't see the salary range for internal job boards, but management can see those. i've also experienced hr not wanting to share the range when asked. then you just have to hope you have great relationships with people in management and some "friends" or mentors are willing to look up the ranges and share with you. it's such an incredibly toxic practice. why does management need to know the salary ranges of roles in a different division, but the people whose lives would be impacted by that salary aren't supposed to know??? though, i'm glad someone has access to the info and was willing to share.
@gregsonberlin3782
@gregsonberlin3782 8 ай бұрын
I‘m really surprised how progressive California is with the law of having to advertise the budget for the position. Here in Germany they are just starting verrrrry vague with some blurry salary range informations here and there. And internal salary informations are absolutely unusual between employees. Just experienced how getting to know that your equal-role-colleague is been paid 17% higher than you for years escalates to a real showstopper.
@Michael154
@Michael154 8 ай бұрын
More states and countries should sign onto legally requiring employers to post the salary range. Colorado, New York, Washington, and California are a few states that have strong pay transparency laws. Internationally, England does a decent job at posting ranging while it is rare in the Netherlands. Pay ranges are the best way to waste no ones time. It is time pay ranges become standardized in job postings.
@zixardent
@zixardent 3 ай бұрын
I'l use strategy #2, specifying my initial expectation between 150% and 250% of my current salary, while mentioning that it is my initial expectations and can be flexible as it is just one factor, and I would be happy to consider other factors such as work environment and othrr benefits. Then proceed to ask them what are their budget for this positions. If they refuse to answer their budget after I provide my answer, then most likely it wont be a good fit for me.
@Unshou
@Unshou 3 ай бұрын
I don't get why this needs so much attention. I just answer honestly with what I want my salary to be for the advertised role. Of course, it's not JUST about the salary either but this is just one of the topics that come up during an interview.
@Rombizio
@Rombizio 3 ай бұрын
Depends on the situation and how good you are. In my last job more than 10 years ago I told the company that they could not afford or deserve me at all. I retired at age 42 because they offered me a fortune at the time.
@RhianKristen
@RhianKristen 8 ай бұрын
The business is not at all worried about “affording you”. They want you to low ball yourself so they can pay you less. Businesses and bosses are not your friends.
@user-pe587ui90
@user-pe587ui90 8 ай бұрын
Exactly! It's the unnecessary brain game they like to play
@draco89123
@draco89123 8 ай бұрын
Blah blah corporate speak, 60-90k is a range I'm comfortable with and feel what value I can provide. 55k, no overtime, take it or leave. Okay.
@EtherTheReal
@EtherTheReal 8 ай бұрын
So we have to talk to them like we're talking to a child who's no clue what it does. Gotcha! On a serious note: How did we end up having to fight for our value when we have applied via a cover letter, listed our skills and then even talked about it in the interview?? At this point we are doing the brain work for the employer.
@beigenegress2979
@beigenegress2979 7 ай бұрын
I think it is abusive, psychological warfare! They very well know what the budget is for the position, but want to play mind games.
@EtherTheReal
@EtherTheReal 7 ай бұрын
@@beigenegress2979 just had an interview last week where HR tried to evade that question. Laughable really and exactly like you said its just abusive communication strategies...
@Ian-gf8id
@Ian-gf8id 6 ай бұрын
IMO the question is a power play based on the negotiation mantra of "whoever speaks first, loses". Any organisation of any significant size and governance structure will have salary ranges and benefits aligned to the employment grade. These ranges are largely immovable, whereas personal expectations may have a far greater degree of flexibility. There are potentially genuine reasons for asking a tough question (how does the person react to pressure ? can they negotiate confidently ?) BUT ultimately the organisation has (far) greater negotiating power and I believe that there is far more to be gained where the organisation discloses the salary range. There is a major problem in the UK currently where organisations are 'inflating' the role title (Head OF; Director; CXO) but hiding salaries that are only suitable for FAR more junior positions. As a strategy this just doesn't work, on multiple levels.
@tarikkaddouri6610
@tarikkaddouri6610 8 ай бұрын
For every interview I’ve always just said, “market rate”. Answers their question and spins it back to them. IMHO, I think this is the most over emphasized part of the hiring process in the States.
@Tanagra180
@Tanagra180 7 ай бұрын
And no one ever asked you to define what that is?
@Schroefdoppie
@Schroefdoppie 8 ай бұрын
Just ask right back. "What are you offering?". No less of a valid question than theirs. I'm not a pro at job interviews by any stretch,but I've never left an interview without knowing what they would be paying me for my skills and experience.
@alyssiak.
@alyssiak. 7 ай бұрын
I’ve been “priced out” and told that a job isn’t for me when I was in desperate need of income. I’m priced correctly for my desired job, but others that have come up along the way
@AzharMehmood-q7h
@AzharMehmood-q7h 3 ай бұрын
So
@alyssiak.
@alyssiak. 2 ай бұрын
@@AzharMehmood-q7h ?
@rhonnieminnie
@rhonnieminnie 8 ай бұрын
If you or your recruiter is located in the state of California, we are legally required to give you a range if you ask, and its illegal for us to ask your current comp. As a recruiter, i ask expected salary so i can understand your leveling, and set you up with the right level of interview to help you get the job. If i have multiple openings in multiple levels, i am not going to give a $100k level candidate $150k level questions, because it would be unfair to the candidate.
@edwardnygma5549
@edwardnygma5549 9 ай бұрын
What if you ask more about the role and salary budget first? Before they have a chance to ask you They may retort with asking you salary expectation. You say:" I'm not aware of the full scope that's why I asked you" and redirect back to them. Any thoughts ?
@amygallo1923
@amygallo1923 9 ай бұрын
This approach can definitely work. I like the idea of putting it in their court before they have a chance to put it in yours. My only hesitation is that many of the experts I've spoken to about this caution bringing up money too early in the process since you want the hiring manager to decide you're the best candidate for the job before that conversation.
@kate_brown
@kate_brown 2 күн бұрын
Some companies ask what your salary expectations are in the application. It's a required field
@18gnpg33
@18gnpg33 4 ай бұрын
I use to give them a minimum amount but I am at the same time straightforward that it only represents the absolutely lowest level I am willing to discuss about, and that what I perceive as a fair level I will be able to express after hearing more and understanding the role better.
@THE.MICHAEL.ANGELO
@THE.MICHAEL.ANGELO 4 ай бұрын
Oh wow! I didn't know that Nevada has an active salary history ban for prospective employers to ask. It didn't dawn on me that there was any legality to it at all. My company was really good about it and didn't ask, but good to know. I've been with them for 7 years now and the starting salary was actually higher than I expected anyway and the bonuses are really good.
@MossMini
@MossMini 8 ай бұрын
Know your worth. Ask 50% higher. Hold your ground!
@lawrencepsteele
@lawrencepsteele 6 ай бұрын
"Can we afford you?" Not only is this important for the hiring company, it's also important to the candidate to know if the company is in range. A few years ago I interviewed for a job. Surprisingly, the hiring manager provided the salary range during the initial interview, with caveat that it could go higher if needed. Their upper was close enough to my lower that I maintained interest. After the second interview, I received the written offer, which was well below consideration. I provide current salary and PTO days and asked if what they could do. They increased salary offer to what they said was the max (well below the numbers provided during the initial interview) and bumped vacation time to meet what I was getting at my current job. As much as I wanted the job because of the work being done, I couldn't afford the pay cut and had to decline the offer. Had they provided the accurate numbers during the initial interview, we could have ended right there and saved us both time and disappointment.
@davidhcuevas4713
@davidhcuevas4713 8 ай бұрын
I love this woman, the clarity of her ideas and how forceful they are. without so much fuss.
@alexspata
@alexspata 8 ай бұрын
to be honest, is best to speak with specialized recruiters or head hunters and they can give you great advice, even for free, on your salary expectations, in that area
@spenagon
@spenagon 6 ай бұрын
In my experience, many recruiters get angry if you don't give a number, and they directly throw you out of the process. It's unfair, but that's the job market
@guychardnsahazani9935
@guychardnsahazani9935 6 ай бұрын
😂
@rrickarr
@rrickarr 3 ай бұрын
Schools sometimes ask this question and I simply tell them the state has already decided what you are paid!
@taiyah_byron
@taiyah_byron 8 ай бұрын
(Interviewee knew that the region I was leaving gave $$$$$ + other expat benefits) "I am realistic that the new opportunities I am pursuing will find it challenging to come within 50% of my current salary. Regardless, I am ready to move on. I will consider offers that are principled." Got the job. But also negotiated an extra pay 5% plus other benefits and allowances that wasn't originally offered.
@soxpuff
@soxpuff 9 ай бұрын
I'm glad my thoughts at the beginning were similar in reference to what the employers budget for the role was.
@ckg315
@ckg315 6 ай бұрын
You might quote few references from john lees or from tori dunlap but it doesn’t work in india. I managed the same in recent hr call. when asked the same question I said i’d like you to go first. Since this is an approved position, I’d like to know the budget. For which she replied in a hard voice saying i know where you’re coming from. I don’t reveal my budget. Period. I also said I don’t know the shift timings. I don’t know the rules or responsibilities. I don’t know the level of expertise you’re looking for but still she said she doesn’t reveal the budget.
@chris2ferUtoob
@chris2ferUtoob 6 ай бұрын
I always start off by saying I don't want money and that the work is my passion -- my true calling! They then respond by saying they legally have to pay me something. I then say 'Ok fine. How about just throw $500k at me for expenses.' They will then believe they have stumbled upon the greatest engineer to ever walk the earth and trip over themselves to give me an offer.
@markboomgaarden4679
@markboomgaarden4679 8 ай бұрын
What about online job applications where you are forced to enter some number in a field?
@user-pe587ui90
@user-pe587ui90 8 ай бұрын
Thank you Harvard Business teaching how to waste everyone's time! Every company has a budget range of the position they are hiring. If a company finds the right candidate and the candidate find the salary range acceptable, why the necessity of the song and dance!?! There's work to be done. Business should post salary range, don't bother apply if that's not what you are looking for. Save the hiring business and the candidate time and energy. As a hiring manager, I don't have time to keep interviewing. It's not productive.
@MMK0816
@MMK0816 2 ай бұрын
Once I was asked in a German firm working in south asia, and it was the first time of my career I refused to tell my current salary and also apologize any specific range and told them I dont wanna be judged by what I'm taking right now. Moreover, they still insisted (a non german HR), but I again told them that I have had bad experiences in past so dont wanna go for that. I was rejected the same day evening through email. 😂
@blondy.t
@blondy.t 9 ай бұрын
Very helpful information. Thank you so much to Amy and the production team!
@kenyanswiss
@kenyanswiss 8 ай бұрын
I have recently realised this is actually a big deal to some people. What I don't understand is why you can't just give a figure. If you want 100k say 100k. Why all the mind games. If they can't afford me they can't. If you get there and are underpaid, then review the salary during trial period or just leave.
@Siezan17
@Siezan17 9 ай бұрын
If you don’t want to waste anyone’s time better advertise your salary from the beginning!
@whyamiwastingmytimeonthis
@whyamiwastingmytimeonthis 9 ай бұрын
But that way you won’t be able to underpay those who unknowingly lowball themselves!
@lidarman2
@lidarman2 9 ай бұрын
@@whyamiwastingmytimeonthis We advertise low ball salaries where I am at and that way we get people like me who lowballed themselves ;)
@cyyrious
@cyyrious 8 ай бұрын
I wouldn’t recommend that negotiate before you just throw something out
@Zero-0o0250
@Zero-0o0250 7 ай бұрын
“ This is not to trick you, is in their best interests not waste time“ who buys this lie ? If you don’t want to waste time as an employer , you will put the salary on the publication or before starting the interview, you can say I will pay this amount for this job if you like it stay or if you don’t, you are free to leave. Never answer this question people, is better to ask what is your offer and then we can make a deal. I didn’t need to study in Harvard to know this. The question is design to trick you. Employers do this to have an opportunity to underpay you and if you complain, they will tell you “that is your salary expectation not mine😂”. Thank you Harvard for giving the best tips to get underpay. This question is unethical that comes from a pro slavery .
@mojojojo1529
@mojojojo1529 3 ай бұрын
Or, instead of playing a game of tricks and manipulation, you could just tell them the salary that you would be happy with if you had the job. How about that?
@johnm.3279
@johnm.3279 7 ай бұрын
"As the job candidate, I don't make compensation demands of employers. I consider the scope and complexity of the position, then determine whether the employer's offer is suitable for the role. What is the maximum rate being offered for this position?"
@maria-wu7us
@maria-wu7us 6 ай бұрын
The best answer. It's hard to translate pay scales company to company. You might also be applying to roles with higher seniority than what you currently have and at that point your current base could be much lower than what they might offer. Because of inflation and lack of bonuses, I actually found myself in an interesting position. I applied for a role of lower seniority at a different company but the total compensation actually comes up to be more that my current base pay. And this role requires some technical knowledge I did not have but the company trusts that I can ramp up fast. I proved that I can do that in previous roles. The way I see it, the more valuable thing for my career is developing expertise in areas that I think will benefit me in the future.
@wardm4
@wardm4 7 ай бұрын
Remember, most of those states with laws saying you don't have to give a specific answer also include that the employer must give a specific answer. It is illegal in many states to post and interview for a position without upfront salary transparency. If you redirect and ask what the job pays and they aren't forthcoming, you have grounds to sue since that is breaking the law. I wouldn't do that, but it is your right to know what they are offering. You shouldn't be the one to have to answer that question.
@TomiBorchert
@TomiBorchert 9 ай бұрын
expectations :D lol. I name my price. Take it or leave it. Don't let corporations push you around. Don't swallow whatever they giving you. Have some self dignity. Value your time and skill.
@fursencoradu9180
@fursencoradu9180 4 ай бұрын
Great clear communication. Simple to acquire the information. Thanks a lot.
@kp2718
@kp2718 8 ай бұрын
Harvard Business Review giving business tips adequate to the level of first year barista. I started reading it when I wanted to go to business school in middle high, quickly realized what a nonsense that would be.
@scrooge-mcduck
@scrooge-mcduck 7 ай бұрын
2024 job market: "What? You're paying? I take it where do I sign!"
@kewalshah9910
@kewalshah9910 8 ай бұрын
I already know the answer - simply none, no expectations. Jo bhi dega chalega, bas main apni marji ka malik hona.
@Klorel123
@Klorel123 8 ай бұрын
Honestly this all sounds good, but in the end is not very helpful. "I don't fully understand the scope of the role (...)" is just a poor statement. Wages are discussed at the end of the interview. You should have asked questions before to understand the scope... "give a range like 60-90000" this is just too huge. You will end up sounding incompetent, and they will low-ball you using the lower end of the range. (...)
@Suburp212
@Suburp212 3 ай бұрын
2:30 - all jobs i applied for I had to submit my orevois paycheck as proof.
@MT-kr8cn
@MT-kr8cn 2 ай бұрын
nope, they said that if I dont have a " base salary range" they cant keep me shortlisted and invite to the 3rd round of interviews..,however, they have mentioned the salary at Glassdoor already....
@tryscience
@tryscience 6 ай бұрын
Consider this. Based on the salary range for this job in this work ZIP code, I can see the typical ranges between X and Y. My knowledge skills and abilities, place me at the Z percentile level for this position. My goal is to add value serving in this position that more than justifies the corresponding range of alpha 1 to alpha 2. The ideal job for me is important enough to the organization to justify that range. I understand that My work needs to be worth more than that amount to the organization, so I'm hopeful that this job is a good match for this fair and reasonable salary that I've justified and detailed.
@tryscience
@tryscience 6 ай бұрын
Another way to put it is, the budgeted range for this position reflects what the work is worth to the organization. People serving in similar roles in this location earn between $x and $y dollars. Because of my knowledge skills and abilities, here is a range that is fair and reasonable for me. My intent is to work at a level that justifies this salary. Would this be an acceptable range?
@boldvankaalen3896
@boldvankaalen3896 7 ай бұрын
HR don't want to waste their time. But they are potentially wasting my time by not posting the salary range together with the job description. If they post the salary range applicants save the trouble of applying for low-paying jobs.
@rottyonamac
@rottyonamac 2 ай бұрын
From my experience, giving them a range will result in the lowest end of that range.
@shadowscott9910
@shadowscott9910 7 ай бұрын
Corporations want to pay every employee the absolute minimum they can and still keep them on staff.
@alexischicoine2072
@alexischicoine2072 8 ай бұрын
It’s a bit silly to suggest that the salary expectations depend on the job responsibilities. Personally I only have one full time job so if it doesn’t pay what I’m worth I’m not going to take it because of what the job is…
@stanthebamafan
@stanthebamafan 3 ай бұрын
The only people who complain about salaries not being listed in job postings are either inexperienced recent grads or people who don’t know how to negotiate salaries effectively. I’m fine with the salary not being listed because I know what I’m worth, and I know how to negotiate their offer. That’s the way I prefer it. If they have the salary set in stone on the listing, it’s probably not going to be their best offer. They’re going to lowball you.
@theresaputt1305
@theresaputt1305 7 ай бұрын
Why does the job seeker have to justify the salary request when the employer just "has a budget"? If the employer can simply state the range and expect us to fit in it, why can't we state our range and have them adjust to us? It's all a power struggle.
@MrDionysos01
@MrDionysos01 8 ай бұрын
Thanks KZbin for recommending me this video. Great tip, I feel a bit more comfortable thinking about the salary question now, thanks.
@RobMancuso
@RobMancuso 9 ай бұрын
Valuable information, Amy, for both sides.
@olivehuss8270
@olivehuss8270 8 ай бұрын
I note that I am not money motivated, but the more you pay me the harder it is for me to leave!!! P.S. My boss did real well by me...
@p3rfectsimplicity
@p3rfectsimplicity 8 ай бұрын
What to do if they asked for a figure in the job application form instead. I gave a range and now I am ghosted. Didn't even get an interview appointment. Wasted my time filling in the form
@brandonburgett2925
@brandonburgett2925 7 ай бұрын
"what are your salary expectations?" Yes, I do in fact, expect a salary.
@harvardbusinessreview
@harvardbusinessreview 7 ай бұрын
:)
@chrisanor4902
@chrisanor4902 3 ай бұрын
Salary expectations should not be the burden of someone looking for a job. Every company should already have an amount they intend to dispense for a role. They should be the one quoting the figure they have for the role and the potential employee should decide whether to accept the offer. It should be that simple. This strategy could be misconstrued by the recruiter as time wasting/unproductive discussion.
@betanapallisandeepra
@betanapallisandeepra 3 ай бұрын
Thank you for sharing the valuable information
@normafrank4977
@normafrank4977 3 ай бұрын
In Germany you get asked for the salary expectation already during the first application steps: you upload your cover letter, your cv and need to fill a field with your desired salary. How would you overcome that?
@josephabraham4058
@josephabraham4058 9 ай бұрын
Never peg your salary to productivity. Especially if you are in the laptop class.
@maria-wu7us
@maria-wu7us 6 ай бұрын
This question is now automated when submitting resumes on online applications a lot of the time. So you don't even get a chance to turn the table on recruiters. In this case I tend to just provide what I currently earn. They will probably weed out anyone submitting ranges they won't pay and they won't waste their time. If you are lucky enough to get a screening call, then you can ask what their specific range is. If you are applying to a similar role at a comparable company, a reasonable range starting from your current base is probably not far off. If you're applying for a role of higher seniority, you can probably start over your current base. Maybe about $15k over if you're being conservative.
@ktizoid
@ktizoid 5 ай бұрын
My answer: “When I consulted, I charged $###/hr, so the question is, how many hours would you like me to work?” This allows them to fit me in their budget and if the hours are low, pick up an additional job.
@Latronibus
@Latronibus 7 ай бұрын
The primary goal of this question should be: should we keep going with this candidate selection process or not? That is, is the candidate's minimum above the company's maximum? If so, then stop now; if not, then negotiation can be deferred until later. At this first pass, no numbers should really be exchanged either way. You should just both secretly give a number to a device and it spits out the comparison and discards the input. The choice on the part of the company to bring specific numbers in is fundamentally a way for the candidate to get paid less than they could because they don't know their worth.
@maria-wu7us
@maria-wu7us 6 ай бұрын
This question is automated now in many application portals. So none of these tips would apply. I agree that it's to weed out people who refuse to go below max. But at that point, there is little negotiation. They already have a set high limit so just ask for that directly if you do get an offer.
@tinand724
@tinand724 8 ай бұрын
this is just theory because in the real life no one follows what she says in this video.
@thelonecabbage7834
@thelonecabbage7834 Ай бұрын
I don't play games. Leave it up to them and scale your work ethic accordingly. Minimum pay = minimum effort. Appropriate pay gets appropriate effort. Subpar pay gets another employee search.
@fishpotpete
@fishpotpete 8 ай бұрын
Great video and information. My only other comment is kind of snarky - but the bubble necklace was extremely distracting. It took me awhile to figure out if was a real necklace or something added on virtually like a cell phone app that adds cat ears, etc. So I kept going back to looking at the bubbles until I finally saw it had a chain. Sorry if that's stupid on my part... Again - great information though!
@vicadegboye684
@vicadegboye684 8 ай бұрын
😂😂 You're a clown 😂 Now I'm noticing the necklace too 😅
@catherinehamer5653
@catherinehamer5653 7 ай бұрын
Yes it seems to move independently of her body language. I would say leave the bubble necklace at home when applying for that high salary job you’re after.
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