Best Answers for Salary Negotiation — All You Need to Know

Negotiate My Salary Best Answers for Salary Negotiation — All You Need to Know

Best Answers for Salary Negotiation — All You Need to Know

When employers start hiring, they tend to ask one question that has now become out-of-bounds: Salary expectations. A hiring manager knows how much they have budgeted for the role and the high-low range they'd be willing to pay. In asking you to name a number, they hope to find employees whose expectations and lifestyle expectancies fit in that range. But the approach is backward and often a trap. Answer too high and you're a demanding prima donna. Answer too low and you've accidentally low-balled yourself below the role's real worth.

What is the best answer to the salary negotiation question, and how can you negotiate a higher salary without accidentally overshooting? Don't worry, DoNotPay has you covered.

How to Answer the Question of Your Salary Expectations

"I'd like to base my expectations on the market value of the role and responsibilities. My skills and experience suggest leaning toward the upper range. "

"I'd appreciate knowing the range the company is considering for the role before I negotiate my salary expectations."

"I think you have a clearer idea of the value of this role and its responsibilities. Let's start with a number you think is reasonable."

How do you answer the question of your salary expectations in an interview? These answers are a great ad-lib way to answer but it's always best to go in armed with industry-standard numbers and facts in case your interviewer presses for a numerical answer.

  1. The Industry Standard Pay for the Role

First, do your research and discover the market value of the role title and job description. Be sure to check the local and national average pay for this role. This will give you a baseline and an idea of the range your employer is prepared to pay.

If you don't know the current value when asked, say "I'd like to start with the market value for the role and the responsibilities you plan to include." instead of giving a number. Or you might know and say "The market average pay for this job title is $45,000 a year, but with the added management duties, it might be appropriate to push that up."

  1. Local Cost-Of-Living and Inflation

Consider the cost of living in the region for where you live now or where you would need to live for the job. Cost of living often also determines salary expectations in the area - and you will of course need to cover your own costs.

  1. Relocation and Moving Expenses

Finally, if they expect you to move, your ask should include consideration for relocation and moving expenses.

Why Not Give a Straight Answer About Salary Expectation

Why can't you just name a number? There is actually a surprising list of good reasons not to:

  1. Excluding or Low-Balling Yourself

If you name a salary that is too high, employers may exclude you for expecting too much. If you name a price that is too low, you disadvantage yourself and leave money on the table. Don't lock yourself into the wrong number by giving a specific number.

  1. Allowing Historical Wages to Determine Current Wages

What the current role is worth may not directly relate to what you were paid previously. Employers aren't allowed (in many states) to ask about your previous salary, only your salary expectations. This is because your previous salary should not cause you to be paid significantly more or less than colleagues doing the same job.

  1. Legacy Underpayment Policies

Naming a salary based on your history can also propagate legacy discriminatory pay. Women and minorities are often offered lower salaries and salaries based on past pay snowball into a history of underpayment. Instead, all salary negotiations should be based on what the job is worth now.

How to Negotiate a Higher Salary Without an Exclusive Number

How do you ask for a higher salary without naming a number that overshoots the company's budget? This is a delicate strategy.

Sell Your Skills and AchievementsFirst, sell your qualifications for the role. Pitch any aspect of your experience or expertise that would justify higher than the average pay for the role.
Ask for the "Upper Range" of the Role's Market ValueNext, mention that you're looking for the 'upper range' of the company's considered budget for the role or the market value of the role. Essentially, indicate that you think you have value and want a higher than center offer.
Negotiate for Benefits Instead of a Salary IncreaseIf your employer seems hesitant to offer the "upper range" (some hiring managers do not have a big margin), ask for benefits customization instead. A few more benefits might sweeten the pot and lower your living expenses.
Ask for a Relocation PackageIf you are being asked to relocate, ask for a relocation package. This is a one-time sum, usually of a few thousand dollars, to help with moving expenses when you are changing homes to reach a new job.

Formally Negotiate Your Salary With the Help of DoNotPay

Not sure how to answer a salary negotiation? DoNotPay has all the tools you need to give a clear, strategic answer or mail in a pre-written salary negotiation letter in perfect corporate language. We can help you draft the best answer for salary negotiation.

First, we'll help you identify the usual pay range for the role and responsibilities you are being hired for. We will then help you calculate any additional costs like moving expenses or extra-valuable qualifications like achievements or prestigious certifications. We'll even take into account other job offers you are weighing and their proposed salaries.

From there, we'll give you a report and draft a salary negotiation letter within a fair range that you can send to your hiring employer.

How to Negotiate Your Salary with DoNotPay. All you have to do is:

  1. Search "negotiate my salary" on DoNotPay.

     

  2. Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.

     

  3. Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.

     

  4. Enter the new base salary you would like to request.

     

And that's it! Once the information is finalized, DoNotPay will generate an official salary negotiation letter that you can then email or present to your employer!

DoNotPay Can Help Negotiate With Any Employer

DoNotPay has the solution for every salary negotiation scenario:

What Else Can DoNotPay Do?

DoNotPay can do much more than draft salary negotiation letters. We specialize in legal and formal letters and negotiations in combination with dozens of other handy online tools to take care of your formal to-do list.

We like to cut the red tape and make tedious tasks easier, from waiting on hold for you to disputing traffic tickets to helping you mail checks to elusive billing offices. We can help you tackle taxes, get refunds, and find missing financial accounts in your name - and that's just the tip of the iceberg.

Explore our entire repertoire of online tools and services to find a few more tasks we can help knock off your list.

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