Why do Interviewers ask “What are your salary expectations?”
- Market Value Check: Interviewers are curious to know if you have a good grasp on your worth in the job market or not.
- Budget Friendliness: Employers are not strangers to budgets and they want to be sure that they can afford you.
- Discovering your motivation: By asking about your salary expectations, they’re trying to know your compensation priorities.
- Early Negotiations: They aim to know early whether your expectations are sky-high or down-to-earth to prevent a situation where everyone is heavily invested, and negotiating the finances becomes complicated.
How to Answer – “What are your salary expectations?”
“What are your salary expectations?” seems to be an easy question at first. However, this question gets very tricky. It has the power to make or break the deal anytime. Not just in the case of freshers but even for experienced professionals. That’s why we have brought you a set of best practices that can help you navigate through this question like a pro. But first understand that there is not a particular answer that you can just cram and speak in the interview as it depends on the situation you are in. Hence, go through the mentioned details carefully. Let’s start.
Table of Content
- Why do Interviewers ask “What are your salary expectations?”
- Factors to consider while negotiating salary
- How to Answer “What are your salary expectations?”
- Common Mistakes
- Conclusion