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How and where to put in expected salary
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gtb
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Joined: 22 May 2008
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PostPosted: Thu May 22, 2008 8:05 am    Post subject: How and where to put in expected salary Reply with quote

I have stumbled across several websites giving advice on this topic and different people have different take on this. This is fully understandable. Afterall, there isn't a fixed answer. Personally, I hope anyone giving his or her valuable opinion will be able to direct me to some information/statistics/websites so that I can read up further.

Okie, here goes my question:

As all jobseekers know, nearly all advertisment include the following:

"Please send in your resume together your current / expected salary by XX Jun 08".

For a simple entry-level position, I think it will be quite straight forward. My issue now is for middle management kind of job. (In other words, I am leaving out positions like Regional Financial Officer, CEO, Head of Operations etc kind of jobs which they will probably be given stock options.)

Considering that this position is offered in a country where the currency is different with that you are living, firstly, should I give the salary in my own currency or their local currency?

Many people has advised that a range should be given so that your resume will be not discarded straight away if it is out of the employer range. My question is: will giving too large a range give your potential employer a wrong signal i.e. you don't know how much you are worth??

Thirdly, is it advisable to give annual salary instead of monthly salary? Is it usually reserved for upper management jobs? For example, if you want to have a pre-taxed salary of USD2,000 and hoping for a one month bonus. Should I put it as "expected USD2000" or "USD26,000 per annum"??

Last but not least, what if the salary the employer offered to you is tied with other incentives, like housing, transport, food, etc allowances? In that case, I don't expect the actual salary paid to me to be very high. As lot of these normal expenses are already taken care of? So how can I put it in my resume by just writing a number range? This is especially significant if the company can pay for your taxes as well.. which can be sustaniable in many countries.

Thanks
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cv
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Joined: 30 Apr 2005
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PostPosted: Fri May 23, 2008 5:58 am    Post subject: Reply with quote

This is always a tricky question.

Exchange rate:
If you will are planning to live in the new country "forever" than the currency is not an issue. However, if you plan to go back or send money home. I would ask if it is possible to have a six month review of the salary to adjust for exchange rate differences.

Expected Salary:
1. Look for similar ads that propose a salary, so you would know what is the going rate.

2. Get on the industry forums and ask other people doing the same work (a bit of a long shot but worth it)

3. If you put in a range, you will probably get the ending range of your salary.

4. If you want to move to this country "very badly" then accept that you will be at a disadvantage compared to the other "locals" so keep that in mind.

Let us know how the interview went and if you got the job.
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