Quick Tips: T Th he Salary Ques stion BASIC TIPS: esearch salary ranges s for the • Know the market vallue for your skills. Re position you u want. Thiis gives you solid bac ckground in nformation for an in nterview. There T are many m webs sites that offfer salary informatio on such as w www.salary y.com, www w.salaryexp pert.com, and a www.p payscale.co om to name a fe ew. These websites can c be a go ood resourc ce for average earnin ng statistics s in your industry. You can n also try the t Bureau of Labor Statistics S at www.bls..gov or anavalan nche of infformation. Professiona al organiza ations and business fo m magazines often o surve ey salaries, and onlin ne job boarrds can be a good pla ace to o post a ge eneral salary question n. our financia al situation n. Find out how much h you need to make in n • Look at yo order to cov ver your bills. Remem mber to include increa ased living expenses if ving to a more m expen nsive city. Several we ebsites like e you are mov w www.salary y.com also offer cost-of-living co omparison calculators s. e second or third • Patience is valuable.. Wait to discuss salary until the in nterview. The T first intterview will give you a chance to t explore the t position and your po ossible resp ponsibilities s. Then you will have e a better idea of wha at k kind of salary to expec ct. s that the employer is serriously interested • A second interview signals in n you for th he position n. At this po oint, the em mployer wiill likely dis scuss salarry and benefits s. If not, itt’s appropriate at this s time to brroach the subject. s T Tactfully ask what the e salary ran nge is for the position n and whatt benefits are a offered. ou are aske ed about yo our salary requirements? You can always say • What if yo sa alary is negotiable. This T will “bu uy you time e” to consider it furth her, play ou ut all your options or allo ow the emp ployer to offer a salarry number first. You can also use the e knowledg ge you have about av verage sala ary for thatt position and mployer a ra ange of sallary you be elieve you should earrn. Make su ure give the em he lowest figure f will still s cover your y financ cial obligatiions. th he salary offfer is too low? Be pre epared to show s the in nterviewer • What if th w why you deserve a hig gher salary y. If you kn now your market m valu ue, you can n m make a stro ong argume ent. egotiate a final f figure e until a job b offer is on the table e. • Wait to ne 1|Page Th he Salary Question Q Co ont.d • Look at th he whole pa ackage, no ot just salary. Health benefits, profit p sharin ng, in nsurance options, vac cation, parking, overttime, bonuses, etc., should s all be b co onsidered. Some com mpanies ma ay offer a lower l salarry, but they y may mak ke up for it in perks p like flex-time f o telecomm or muting options. ds about sa alary. Stay y profession nal and con nversationa al. • Never make demand • New gradu uates are often o eager to take whatever w sa alary is offe ered. Expe ect to o start out in an entry y-level job, but also expect e to be b paid what your education and skills merit. m You will w have more m negotiiating powe er if you ha ave e work experience such as an in nternship or o co-op. had real-life 2|Page