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Career Development

How to Master the Art of Interviewing

Money, Money, Money

There's a good chance you'll be asked about your current and expected level of compensation. Here's the way to handle the following questions:

    [1] What are you currently earning?

    Answer: "My compensation, including bonus, is in the high-forties. I'm expecting my annual review next month, and that should put me in the low-fifties."

    [2] What sort of money would you need in order to come to work for our company?

    Answer: "I feel that the opportunity is the most important issue, not salary. If we decide to work together, I'm sure you'll make me a fair offer."

Notice the way a range was given as the answer to question [1], not a specific dollar figure. However, if the interviewer presses for a exact answer, then by all means, be precise, in terms of salary, bonus, benefits, expected increase, and so forth.

In answer to question [2], if the interviewer tries to zero in on your expected compensation, you should also suggest a range, as in, "I would need something in the low- to mid- fifties." Getting locked in to an exact figure may work against you later, in one of two ways: either the number you give is lower than you really want to accept; or the number appears too high or too low to the employer, and an offer never comes. By using a range, you can keep your options open.

< Previous Page Next Page > Some Questions You Can Count On


How to Master the Art of Interviewing
>
How to Master the Art of Interviewing
> The Other Fundamentals
> Basic Interviewing Strategy
> Don't Talk Yourself Out of a Job
> The Prudent Use of Questions
> Give It Some Thought
> Money, Money, Money
> Some Questions You Can Count On
> Wrapping it Up

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
   
   


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