Getting the Upper Hand in Salary Discussions

ByTaunee Besson, CMF, CareerCast.com Senior Columnist

The key to a successful salary discussion is good preparation prior to starting the interview. If you know the salary range before you begin talking, you won't have to worry about who asks the compensation question first.
Career Expert Blogs from CareerCast.com 


Q: When discussing salary during a job interview, how do I avoid giving a specific dollar amount before my potential employer does? I don't want to seem difficult, but I prefer and prefer not to lock myself into a lower salary range than the company had intended.

A: The key to a successful salary discussion is good preparation prior to starting the interview. If you know the salary range before you begin talking, you won't have to worry about who asks the compensation question first.

To feel comfortable confronting this issue, it's important to find out exactly what you're worth from an employer's perspective. Researching your likely salary range will provide valuable information for setting some realistic income expectations. Many professional organizations have salary surveys for their memebers. Business or trade publications and websites often feature payscales for specific industries or careers. As a part of their service, executive search pros must know what candidates with given skill sets can command. A little networking will also get you some "on the money" answers. Once you've ascertained what the market will bear and compared it to your current compensation, calculating an appropriate salary range shouldn't be too hard.

It's also perfectly logical to ask a potential employer for the job description and compensation of the position you're pursuing. Neither of us wants to waste time on an interview unlikely to produce a good skill and salary match. While employers obviously don't want to discuss their individual employees' compensation packages, they are often willing to talk about overall salary ranges.

If they divulge a range to you, you can count on its authenticity. Employers rarely make offers above or below their stated range. It's bad for morale.

Having already determined your likely compensation, you can converse about more pleasant issues during your interview such as how you'll benefit the company and your potential for long term growth. Even if your interviewer pops the salary question first, you won't be worried, because you already have your answer in mind.

This article is reprinted by permission from www.CareerCast.com, © Adicio Inc.  All rights reserved.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs