What is the current compensation or salary range being a tricky question and that may have a varying answer. It is almost definite that you may need to have a look on a pay scale for you to be able to go for the range that matches that job but is always difficult to have a guess on how much a certain company is or may value that position which is currently being interviewed for. It is always wise to not just give a figure first. This is due to the fact that, in case the interviewer or employer asks about your current salary range and you give a figure which is too low, the interviewer will not tell you, but you may come to notice later that you lost some good money that could have easily gone your way.
What is the Best Way to Respond in Case You Are Asked about the Current Compensation Range?
In case the interviewer asks you about the compensation range, while keeping quite is not the best option, giving a specific figure may not as well be the right thing and may only serve to contradict your position. The best thing for you to do is let the interviewer or the employer give you a range of what they have on offer for that position.
In the event there is two individuals being interviewed and this question is posed, the most natural thing is that the two interviewees will let each other go first. Even though the main aim is to outsmart the interviewer and make them at the end of it all give what they have on offer for that position. However, every time you try avoiding this question, the interview will almost immediately come back to you.
Here is a simple guide on how you may answer the various questions just in case the employer asks you this type of questions.
What is your current compensation range?
In this case, avoid falling for the interviewer trap and may be giving a figure. Instead you can politely answer by telling the interviewer," let's start by talking about the job position, the requirements and the various expectations for me to get an idea of what you expect of me." As you will realize, this is a polite answer while still you have avoided giving a figure for an answer.
How much where you earning in your last job?
Again, make sure you do not give a figure for this question. Answer by telling the interviewer that the last position you held is not like the position you are currently talking about. Tell them to explain the details, requirements and the expectations of this new job position to you to be able to figure out what is expected of you.
What Do You Expect to Make in Compensation Terms?
You answer should again be simple and straight to the point, tell the interviewer that what i am looking for a job that is a perfect fit for me and I believe whatever compensation you offer is matching with the current market.
We believe the above tips are of help to you and will guide as you go for your next interview.
