3805. Share with us your salary expectation

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Interviewer

Could you share with us your salary expectations for this position?

Skill Assessed
  • 1. Self-assessment : Assessing your own value and worth based on skills, experience, and market rates.

  • 2. Negotiation : Demonstrating your ability to navigate compensation discussions effectively.

  • 3. Research : Showing that you have conducted thorough research on the industry-standard compensation for the role you're applying to.

  • 4. Confidence : Expressing your expectations confidently without undervaluing yourself or overestimating the value you bring.

Purpose
  • 1. Compensation alignment : Understanding if your salary expectations align with the budget and pay structure of the company.

  • 2. Value assessment : Gauging if you understand the value of the role and its corresponding market value.

  • 3. Negotiation insights : Gaining insight into your negotiation skills and how you handle critical financial discussions.

  • 4. Budget planning : Helping the company to plan their budget if they choose to move forward with your application.


Hints
  • 1. Do your research : Ensure you've researched what the industry standard pay is for the positions you're interviewing for prior to the interview.

  • 2. Consider your minimum : Know the minimum salary that you would accept and be prepared to explain why it is justified.

  • 3. Be flexible : Express openness to negotiation and be prepared to discuss other forms of compensation, such as benefits and perks.

Tags
Topics: 
Communication
Roles: 
Sales Associate
Sales Assistant
Business Analyst
Recursos Humanos
Sales
Companies: 
Walmart
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