What Should I Put For Salary Range?

by | Last updated on January 24, 2024

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A good rule of thumb is to keep

the lower end of your range at least 10 percent above your current salary

, or the number you determine is a reasonable salary for the position. For example, if you currently earn $50,000, you may say that your range is $55,000 to $65,000.

What are your salary requirements best answer?

  • Research the market and salary trends. …
  • Consider giving a salary range, not a number. …
  • Diplomatically turn the question around. …
  • Now it’s time to give a number, not a range. …
  • Always be truthful.

What do you put for salary range expected?

The best way to answer desired salary or salary expectations on a job application is to leave the field blank or

write ‘Negotiable’

rather than providing a number. If the application won’t accept non-numerical text, then enter “999,” or “000”.

What is your expected salary?

Choose a salary range.

Rather than offering a set number of the salary you expect, provide the employer with a range in which you’d like your salary to fall. Try to keep your range tight rather than very wide. For example, if you want to make $75,000 a year, a good range to offer would be $73,000 to $80,000.

How much should I ask for salary?

As a general rule of thumb, it’s usually appropriate to ask for

10% to 20% more than what you’re currently making

. That means if you’re making $50,000 a year now, you can easily ask for $55,000 to $60,000 without seeming greedy or getting laughed at.

What is desired salary?

Desired salary is

the compensation that you would like to receive for a new job

. It’s common to be unsure of what to put for desired salary as you’re completing job applications and attending interviews. … If you quote a desired salary that’s too high, you could risk losing the job opportunity.

How do you answer salary expectations?

You can also respond to “What are your salary expectations?” by

simply asking what the company is looking to pay

. “You could say something like, ‘That’s a great question—it would be helpful if you could share what the range is for this role,”’ Fink says.

What is your salary expectation sample answer?

Example: “I am seeking a position that pays between

$75,000 and $80,000 annually

.” Include negotiation options: In addition to your salary, there may be other benefits, perks or forms of compensation you consider just as valuable. Including these as possible opportunities for negotiation is an option, too.

What is a good weakness?

  • Creativity (many jobs don’t require creativity)
  • Delegating tasks (if you’re not in a management role, you won’t need to delegate)
  • Humor (it’s fine if you’re not funny)
  • Spontaneity (you work better when prepared)
  • Organization.

How do you answer salary negotiation?

  1. “What Are Your Salary Expectations?” …
  2. “How Much Are You Currently Making?” …
  3. “Unfortunately, We Don’t Have Any Room to Negotiate” …
  4. “In the Future You’ll Have Opportunities for Growth and Raises”

How do you negotiate salary?

  1. Put Your Number Out First. …
  2. Ask for More Than What You Want. …
  3. Don’t Use a Range. …
  4. Be Kind But Firm. …
  5. Focus on Market Value. …
  6. Prioritize Your Requests. …
  7. But Don’t Mention Personal Needs. …
  8. Ask for Advice.

Can you lose a job offer by negotiating salary?

You’re an at-will employee, in almost all states, and the company has no legal obligation to hire you. For the most part, yes,

you can lose a job offer by negotiating the salary for your offer

. This is because in almost all states, you are an at-will employee, and the company has no legal obligation to hire you.

What should my starting salary be?

To show just how wide the general baselines can be: ZipRecruiter posts the average entry-level salary by state, citing a range of

$25,712 to $35,793

, while the National Association of Colleges and Employers (NACE) reported that the average starting salary for the Class of 2019 was $53,889.

How much should I ask for salary entry level?

Start with a figure that’s

no more than 10-20% above their initial offer

. Remember, you’re applying for entry level, and you shouldn’t expect something on the higher range. Consider negotiating lower if 10-20% places you above the average.

What is the minimum salary?

The federal minimum wage for covered nonexempt employees is

$7.25 per hour

. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.

How do you answer salary expectations in an email?

Dear (Name), I am thrilled to be offered the [Position] role at [Company]. As requested, my expected base salary is ($_______). This is based on the average annual salary range of ($_______ to $_______) for this job, as well as [2–3 qualifications/skills or summary of major past achievements].

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.