If an interviewer asks why I want such a high salary, how should I answer?

Updated on : January 17, 2022 by Timothy Larson



If an interviewer asks why I want such a high salary, how should I answer?

The recruiter's response to you after you voiced your salary requirements is fascinating to me because negotiating a salary has much more to do with market dynamics driven by the value you provide as an employee, not the lifestyle you want.

In other words; yes, you can live a good life (this is subjective by the way) getting 6, but your unique skills, talents and experience command 7 or 8 because it is the basic supply and demand.

Let's look at this in a different way; When Lebron James is negotiating an employment contract with the Cleveland Cavaliers, he does not enter the negotiations thinking about

Keep reading

The recruiter's response to you after you voiced your salary requirements is fascinating to me because negotiating a salary has much more to do with market dynamics driven by the value you provide as an employee, not the lifestyle you want.

In other words; yes, you can live a good life (this is subjective by the way) getting 6, but your unique skills, talents and experience command 7 or 8 because it is the basic supply and demand.

Let's look at this in a different way; When Lebron James is negotiating an employment contract with the Cleveland Cavaliers, he doesn't go into negotiations thinking, "I'd like to make $ 30 million, but I can still live a pretty comfortable life making $ 10 million instead, so settle for That Lebron costs $ 30 million because, last time I checked, there aren't many Lebrons walking this earth.

It's always about supply and demand; the way you earn more is by showing hiring managers that your skills are unique. The less you market, the more you earn.

So the way you answer the question is by not biting into the implication that your only motivation is to "earn a good living", because that could reveal underlying motives to the hiring manager that you wouldn't want (ie, you don't want them to think that it's all about the money).

Respond by saying something like "You're right, I can live a good life earning 6, but the value that I can provide due to my unique experience would result in faster / more accurate / better execution in the long run and therefore a positive ROI. of your investment "

Always relate any salary response to the value YOU provide because of your unique value proposition.

One last analogy; There's a reason wealthy people buy expensive cars like Rolls Royce or Aston Martin when they can easily afford a Toyota or Nissan. It is due to the unique value proposition that expensive vehicles provide and the fact that there are not so many available to buy.

First of all, HR doesn't care about your needs. You only know one thing and that is increasing the productivity of your organization.

So what can we do?? You need to ask yourself thousands of times how productive it would be for your organization.

Fill a little self-confidence actually a lot of confidence.

Let's see what home work needs to be done. focus on your strength and specialty. Look for the sexist way of saying it. All your training and experience would definitely play a vital part of this game. Open yourself in front of a mirror. Prepare a script and review it over and over again. Also keep improving your

Keep reading

First of all, HR doesn't care about your needs. You only know one thing and that is increasing the productivity of your organization.

So what can we do?? You need to ask yourself thousands of times how productive it would be for your organization.

Fill a little self-confidence actually a lot of confidence.

Let's see what home work needs to be done. focus on your strength and specialty. Look for the sexist way of saying it. All your training and experience would definitely play a vital part of this game. Open yourself in front of a mirror. Prepare a script and review it over and over again. Also keep improving your script.

It was just preparation and now how to execute it. keep repeating your task in front of HR whenever you get the chance. In the end it shouldn't be like, when you would demand your salary, it would hit him like a bullet. If he asks about his high salary, say, "I am asking for what I am giving to your company."

It also goes on to say how you would benefit their company with your skills, talents and experience.

conclusion

Focus on yourself, work on yourself, improve yourself and you will get what you want. If not today, definitely someday.

First things first, you must be strong on the subject. You lose your bargaining power if you are mediocre in your work and topic. Nobody will want to pay for normal or good things.

Second, never bring up the salary topic yourself. Anyway, a discussion about salary will occur. Do not start from the end. Again, your technical interview will give you a head start on this. And this partly answers why you want so much salary.

Politely ask them what salary range this company has already decided on for this position. They always have a parenthesis and they probably won't tell you the upper limit. But you c

Keep reading

First things first, you must be strong on the subject. You lose your bargaining power if you are mediocre in your work and topic. Nobody will want to pay for normal or good things.

Second, never bring up the salary topic yourself. Anyway, a discussion about salary will occur. Do not start from the end. Again, your technical interview will give you a head start on this. And this partly answers why you want so much salary.

Politely ask them what salary range this company has already decided on for this position. They always have a parenthesis and they probably won't tell you the upper limit. But you can guess and then based on your performance in the round of technical interviews, you can present your salary range and negotiate.

Your answer can probably be as follows.

I'll assume that you actually have a reason for asking for that salary. If it's for a genuine reason, you may very well tell them. If you are just looking for a raise, convince your HR by talking about deposits that you plan to start in the distant future or that you are actually saving money for something you want to do. This will really give the impression that you are aware of the future and are willing to save money and, most important of all, you are genuine.

The truth is the best that you

Keep reading

Your answer can probably be as follows.

I'll assume that you actually have a reason for asking for that salary. If it's for a genuine reason, you may very well tell them. If you are just looking for a raise, convince your HR by talking about deposits that you plan to start in the distant future or that you are actually saving money for something you want to do. This will really give the impression that you are aware of the future and are willing to save money and, most important of all, you are genuine.

The truth is the best you can offer him to offer you the job.

I hope this helps :)

Thanks for the A2A.

I don't think anyone is going to counter your offer by saying that you can live a good life with 6LPA. I think it is too personal and impertinent for an interview. What they may ask of you, however, is to justify the increase of more than 50% that you have asked for when the typical increase for an average employee when changing companies is 33%. There are a couple of ways you can explain this, but let me tell you beforehand that they both require you to tell the truth. I don't think I can give a complicated or easy answer to this question.

  1. The first and most elegant way
Keep reading

Thanks for the A2A.

I don't think anyone is going to counter your offer by saying that you can live a good life with 6LPA. I think it is too personal and impertinent for an interview. What they may ask of you, however, is to justify the increase of more than 50% that you have asked for when the typical increase for an average employee when changing companies is 33%. There are a couple of ways you can explain this, but let me tell you beforehand that they both require you to tell the truth. I don't think I can give a complicated or easy answer to this question.

  1. The first and most elegant way is to take advantage of the fact that you have reached the stage of salary discussions for the position. You should take advantage of the fact that you are talented enough to get to that stage in your hiring process and justify that, with your level of skill and competence, you think that is fair pay. But be careful not to sound arrogant while you're at it, and be open to hearing their perspective.
  2. The second way is if you have a real financial need, such as paying a loan or some personal expense at home that you must attend to. In that case, having built a story using the strategy from point 1 above, you can subtly raise that point and justify why you need that money. Again, don't sound pathetic and do it in a dignified way.

I hope this helps.

You can think of the following answers:

  1. I feel very comfortable in my current job and I also expect an increase that could be in the range of Rs. 1 lakh more. So I think if I am to join a new company, I should start no less than Rs. 8 lakh. A higher salary is required not only to lead a good life, but it also denotes my abilities and usefulness to the Organization and I never want to lower it.
  2. I'm not desperate to change unless the new offer matches my job profile, growth prospects, and a higher salary to help me consolidate my job for years to come and not think about changes. So
Keep reading

You can think of the following answers:

  1. I feel very comfortable in my current job and I also expect an increase that could be in the range of Rs. 1 lakh more. So I think if I am to join a new company, I should start no less than Rs. 8 lakh. A higher salary is required not only to lead a good life, but it also denotes my abilities and usefulness to the Organization and I never want to lower it.
  2. I'm not desperate to change unless the new offer matches my job profile, growth prospects, and a higher salary to help me consolidate my job for years to come and not think about changes. Therefore, I am very particular to make sure that my salary in the new job is nothing less than Rs. 8 LPA and I am very confident that I justify this salary increase.

Your answer should be “I want to join your company to work for the long term. For that, I need to be paid a remuneration commensurate with my qualification, experience and equal to the average salary in the industry for such jobs. If I get paid this salary, I will be motivated to perform to the best of my ability. "

Before answering this question to HR, make sure you are important to the organization. What kind of ability do you have to improve in the organization?

Something like this…

“I am more interested in finding a position that suits my skills and interests. And I think this is the best offer where I can do my best. I am sure my skill and experience will be helpful to the organization in many ways. "

Once you give HR enough confidence, since you are the best person they are looking for. Now take off your socks to talk about salary.

Something like…

"Well, according to my research and passed

Keep reading

Before answering this question to HR, make sure you are important to the organization. What kind of ability do you have to improve in the organization?

Something like this…

“I am more interested in finding a position that suits my skills and interests. And I think this is the best offer where I can do my best. I am sure my skill and experience will be helpful to the organization in many ways. "

Once you give HR enough confidence, since you are the best person they are looking for. Now take off your socks to talk about salary.

Something like…

“Well, based on my research and past experience, I understand that x LPA is typical based on role and requirements. I'm sure x LPA is competitive in today's market for this type of work. "

Note: Working in an organization and getting paid for it is a win-win system. Things can only work out when both you and the organization are happy with the offer. So find the balance between how important work is to you, where you can do your best, and how the organization will capitalize on your skills.

All the best!

Thanks for asking :)

A2A

As a general rule, you should not reveal your expectations. Let the employer make an offer first and then you can discuss it. Try to avoid giving clues as much as possible. If pressed, never give a figure like 6.5 lakh. Always provide a range that must be wide enough.

As for your specific question, your answer should be something like, first thank them for the consideration. Then indicate that the salary is related to the value it brings to the employer. If you think I can add value to you, you should consider your application. Move the ball in your cou

Keep reading

A2A

As a general rule, you should not reveal your expectations. Let the employer make an offer first and then you can discuss it. Try to avoid giving clues as much as possible. If pressed, never give a figure like 6.5 lakh. Always provide a range that must be wide enough.

As for your specific question, your answer should be something like, first thank them for the consideration. Then indicate that the salary is related to the value it brings to the employer. If you think I can add value to you, you should consider your application. Move the ball on his court. If they offer less than you expected, you can start with the negotiation as mentioned in other posts.

I think HR is actually testing the water. As far as I know, most companies would not like to see a no after they have finalized and made the offer. All the best.

This is a question that many may face during the job change.

First of all, it is very important that you verify your expenses, family expenses, if any. You are probably in dire need of money or have plans for the future. Just work your way by negotiating and not haggling.

Here, specifically, you need to talk about your past experiences, why you want a salary increase, how it was beneficial to your previous company, etc.

Thanks. Hope the answer meets your requirements.

Most likely, I have attended over 100 interviews in my career (many of them out of curiosity). They asked me what is my salary expectation. No one has asked me WHY I need a certain salary. That would be a somewhat irrelevant question.

Let's say you hire an electrician or plumber and they quote you a certain amount, do you ask them WHY they need so much money?

Other Guides:


GET SPECIAL OFFER FROM OUR PARTNER.