What is your salary expectation





What is your salary expectation ?
or
What is your minimum salary expectation you think ?

This is a very common interview question in the HR round. Based on the answer to this question, the HR will decide on how much will you be paid. Remember that for every role with in an organisation there will be a range. Depending on your qualification and experience you fall some where between this range.

Depending on your situation, your answers may vary. Following are some of the scenarios and responses that I can think of at the moment. If you can think of any other scenarios, I request you to kindly add them by submitting the form below.

Scenario:
1. You are a fresher.
2. Currently you don't have an offer from any other company.
3. You don't have any other interview scheduled.
4. Even if there is an other interview scheduled, you are not confident about getting to this stage in the interview process.

Example Response: It is better to say, I don't have any figures on my mind. I strongly believe the organisation decides the salary scale based on the industry standards. So, I will be more than happy to accept accept the offer made based on the current industry standards.



Scenario:
1. You are a fresher (currently have an offer) or an experienced person and currently working.
2. Currently you have an offer from an other company or your current salary is XYZ (if you are currently working).

In this scenario, make sure you have already done your research and you are aware of what is the highest and lowest salary range for a similar position in the market. If your current offered salary is in the lower side of the range, then you can ask for a hike of what ever is the difference. The number could be in terms of percentage or the actaul number itslef.

Example Response: I currently have an offer for XYZ and I am expecting 15% more.

If in case the Interviewer asks, why should I pay you 15% more than your current offer, then you can let him know about the research you have done.

If you can fine tune the answer for this question further, please feel free to do so by submitting the form below. I thank you for your feedback.
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6 comments:

  1. AnonymousJanuary 31, 2013 at 10:22 AM

    what salary hike 3 years of exp people should ask in software developer field

    ReplyDelete
    Replies
    1. My BloggerJune 16, 2016 at 7:11 AM

      Hi,

      In most of the companies, generally they have a criteria/ structure of 2*X for the experience VS salary.

      As you have 3years of experience you could ask for 6 LPA +/-.

      Note: This is not applicable for all companies, but this is general concept.

      Apart from this if you meet/ exceed the expectations in the interview there is a chance for you to ask for the figure in your mind (100% even).

      Hope this clears your doubt.

      Thanks,
      Suraj

      Delete
  2. AnonymousMay 1, 2013 at 11:51 PM

    Hi,
    I am a .net developer. i am getting 3 L.p.a. and my experience nearly 6 years.....but if if i get a hike of 15 % then.thats not relevant for my experience level as compare others.so here is my questions.

    can i ask 50-60% of hike?
    and How do i ask?

    ReplyDelete
    Replies
    1. AnonymousOctober 23, 2013 at 11:20 AM

      Well for sure you can ask 45% hike.
      You tell that you have been working for past 6years in the same company.
      You explain about your skills

      Delete
    2. AnonymousMarch 23, 2015 at 4:00 AM

      Instead you better switch the company, then you will ask more than 100% hike for sure.

      Delete
    3. AnonymousJuly 21, 2016 at 4:36 AM

      If we asked for 100% hike then the HR telling why you wont that much hike and as per our company policies we can give you 30% hike only.

      Delete

If you are aware of any other HR question asked in an interview, please post it below. If you find anything missing or wrong, please feel free to correct by submitting the form below.

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