So… you’re looking for a job and you get a call from a recruiter. The conversation is going well and they’d like to move you into the technical interviews stage. Or maybe, you’ve already completed all the technical part and they want to prepare the job offer. And then they ask the dreaded question: What are your salary expectations? And you freeze. Or, at least – I freeze. I’m no good at this part… I think I know what I’m worth – but what if I have it all wrong? Or what if they can pay more than I expect? Or they can’t afford what I’m asking for and they won’t want to continue with the interview process?
We have a family story about our savvy-salesperson cousin Izzy who (legend has it) used to offer the following sales advice: Imagine you’re selling two birds in a cage. A buyer comes in to your shop and asks “how much?”.
You answer: “$50”.
If they blink, you sell for that price. If they don’t – you say “for the cage”.
They ask: “How much for the birds?”, you answer: “$20”.
If they blink – sell for that price. If they don’t – say “each”.
Note: It’s quite possible none of this story is true, but that’s how I heard it and now it’s mine to tell as I please.
How does this translate into salary expectations?
First, I do my research. I know how much I make now and how much of an upgrade I expect. I ask friends and use my network, check salary surveys, ask in suitable forums etc. Once I understand what the expected salary range for me should be, I want to maximize how much I can get within that range. That’s where cousin Izzy comes in.Continue reading