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Talking About Money During a Job Interview

By Edited Apr 27, 2016 1 1

Talking about money is not an easy task for lots of people. Your financial future is important and knowing the right path to take while you are in an interview meeting is critical to success.

You address a number of subjects while you interview. Conversation topics include benefits, hours, where you will work and when the job starts. One of the hard topics to have an exchange about is money or how much you will make with a prospective job. Chatting about your paycheck is a good thing and on the list of topics to discuss before leaving the meeting with a hiring manager.

Questions that come up

What do you do if they ask you how much money you want to make or expect to make? What do you say if they ask if you will take $50,000? What if they want to know your salary range? These are all questions job seekers ask and need to know the answer to. Learn out how to respond to some of these tough points and get the dough you deserve.

Do not throw out numbers

There is some correlation between the first person saying a number and the end figure for salary being close to that original amount. Therefore, be very careful saying a number early in the meeting for several reasons.

If you say one and later in the process feel another is closer to what you really want or deserve, you could have ruined the playing field. Discussing it early in the hiring process and quantifying it with a set amount is dangerous. A safer play would be to wait until you are closer to the end of your get-together to talk about it.

Be honest about what you make now

If asked how much money you make now, be honest. While the interview is going on honesty is important. They can verify these particular facts and typically will be if there is any hint of deception from you.

Although you answered their question about current salary, this doesn’t necessarily close the discussion about your new job wages.

Ask for more than you earn now

You can use your current paycheck to your advantage. Pay attention while discussing the responsibilities for the new job to compare them to your old one.

For an example, you could say I do not feel this is relevant since the opening I am interviewing for requires more travel or more responsibility or even longer hours. If this is the case, talk about it. Something different which will invest more resources than what you do now works in your favor for earning more. Although you made a certain amount with a former employer, your new position should pay more for whatever reason you share.

Many people use this turn in the discussion as an ice breaker. For instance, they will say something like, if we are talking about money are you offering me the job? Some interviewers even say yes at this point in the meet. This will change the conversation, but in a positive light for you.

Give a great answer if asked for a number

There are times when asked what you expect to earn. A great answer is at hand. Share with the hiring staff how important this particular position is with the company which means they will make the proper salary compensation for it. No one will say no to this type of answer. More importantly, they will make the first move with the numbers instead of you.

Involve the job recruiter

Some job seekers do not want to chat about the money they will make directly with the hiring manager. They feel more comfortable with the job recruiter investing their time and efforts in handling this part of the process. It is okay if you feel better letting someone else do it on your behalf.

Some people feel money discussions are negative to the relationship you want to form with your new employer. If you feel this way, have the recruiter take care of this kind of exchange it could work out better for everyone.

In conclusion

How you handle your financial compensation throughout the interview makes an enormous difference in your earning potential. Having the right answers will influence what you could earn for years to come. This material makes the road to financial success in your next job easier and the conversation less stressful.

Consider everything about the job. A lot of things will impact the total financial package. Avoid specifics when it comes to speculating about your salary if you have any reservations in the course of the interview. 

Money as a topic of discussion at your job interview can be difficult. Do not let it be.
Credit: kozzi.com


May 8, 2013 7:23am
After reading this I realize I have made some mistakes in my last two job interviews. Probably will follow your advice next time. Thanks!
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