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Candidate news & Insights

05/08/2022

Many people report feeling uncomfortable discussing money and remunerations during interviews. In this case, using a recruitment agency can prove to be a great option since we ensure that we discuss your expectations before your interviews. You need a good understanding of what to expect when negotiating your salary, as well as how to articulate your worth when interviewing for a position. Today we’re going to discuss the best practices and tips for answering the dreaded question, “What are your salary expectations?”

According to HMRC data, the average UK salary at the start of 2022 was £24,600, an increase of 6.3% from January to January. As compared to 2020, the average full-time salary in the UK fell 0.6% to £31,285 in 2021.

How to enquire about the compensation package?

The compensation package is an important part of any job offer. It should be something that’s negotiated and agreed upon before the start of your employment. But how do you find out what salary range is to be expected? Lately, many more companies are including salary in job ads and we recommend preparing your question for later on in the process. If the first question you ask is how much the salary is, it can be a red flag to the employer.

How to answer the questions around pay?

Since the hiring manager already knows what compensation the company can offer, why not put the ball back in their court? As soon as you receive an answer from them, you can provide some numbers. Consider this carefully before the interview day and don’t rush.  It is always important to be clear about the absolute minimum you are willing to accept. In the past, we’ve been able to get our candidates incredible raises, for example as much as 10k, but the minimum amount needs to be set in advance. 

According to many experts, you should set a range from the lowest end to the highest you can realistically go. 

Make sure to show up with confidence

When you refuse to discuss salary expectations or are too reserved, leaving a very wide range at the hiring manager’s discretion can negatively impact their response. Provide a clear explanation of your needs, including the commute if applicable.

Conclusion 

It is crucial to know what you are worth, what you want, and how much you are willing to compromise. You should not feel obligated or pressured into accepting any offer. You should negotiate your salary with the company if they have not already offered it to you.

There are many different ways of negotiating salary, but one of the most common ways is by bringing up a competing offer or asking for more time to think about their offer before responding. These are just some of the methods that can be used when negotiating a salary with a potential employer.