Proving Your Worth Before Answering The ‘Expected CTC’ Question

How to perfectly reply to what’s your expected salary?

 
Proving Your Worth Before Answering The 'Expected CTC' Question
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In every single job interview, this is undoubtedly the most commonly asked question. And the best part is, it’s the trickiest one as well! Most of the candidates find it hard to phrase a proper answer to this. And if you are nearing a job interview, you need to know actually you can ace this question. Here are a few tricks to do so:

Provide A Remuneration Range

Experts are of the view that the candidates need to specify the salary range at first and not blurt out any definite number. In case the salary offered is lowered than your range, then you will have the opportunity to speak for other benefits like paid and unpaid leaves, incentives, bonuses, holidays, etc.

Do Some Research

Conduct research and find-out the pay scale of similar jobs in your city
Conduct research and find-out the pay scale of similar jobs in your city

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When you are applying for a job and preparing for an interview, do a lot of researches in order to find-out the pay scale of similar job profiles from other industries and organisations. By doing so, you will have a fair idea about the salary that you should get and hence, you will be able to provide proper support to your answer in front of the interviewer.

Consider Your Expenditures

Before you speak of your salary range, think about your expenses and will the expected salary cover it or not. You should demand a salary considering your financial state. However, always remember that you shouldn’t make any exorbitant demand from them and try keeping your expectations in line with the industry standards.

Postpone Your Answer

A question in reply to a question can give you a better idea
A question in reply to a question can give you a better idea

Image Credit: thebalance.com

If the interviewer asks about your expectations in the beginning, try and postpone your answer. You can say, ‘let’s find out more about the job and my profile and my responsibilities’. You can also say, ‘what’s the standard salary range you have for this particular position?’ This way, you will have an idea about the pay scale and you can make your demands accordingly.

The main purpose of the interview to ask this question is to read your mind about how much you are wishing to get for the kind of job you will do. Never ever mention your past salary in full or create a random situation and tell them that an XYZ company offered you an XYZ salary which is much more than what you are offering! All these might go against you in the interview. Keep these things in mind and you will surely crack the position you are dreaming of. All the best!