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Verwin Lavanya S
How to answer when they ask about salary expectation in the interview? I dont want to quote too less or way too much and ruin my chance?
 Posted on 20/6/2019
5 Answers
Verwin Rajesh R Rajesh R Answered on 5/7/2019

Have salary discussion only towards the end of the hiring process. If they already like you as a candidate they will be willing to meet your expected salary. But if you quote a high comp right at the beginning, they will easily reject you and move on.

Verwin Charith Sahoo Charith Sahoo Answered on 2/7/2019

Agree with what others have said. In addition to it, always take into consideration your entire salary when you quote salary expectation, don't leave out any variable part. Also, mention what percentage of fixed and what percentage of variable you get now. And very important-when they offer ,check that you get a good hike on the fixed part of your current compensation. I have seen many folks who think they have got a great hike but they end up getting most of the hike in their variable part and only after they join the new company, they realize that their take home salary has not changed from the previous job!

Verwin Satarupa Ghosh Satarupa Ghosh Answered on 2/7/2019

If you have an idea about how much hike% your colleagues in similar job like yours (who recently quit) are getting in the job market, that can be a good starting point. When you talk to the interviewer never mention a particular salary number i.e. X lacs. IF it is too much they wont'consider you after hearing the number. Instead say you are comfortable with a range of x to y percentage increase from your current salary.

Verwin Sathya Krishnan Sathya Krishnan Answered on 21/6/2019Expert
Hello Lavanya, this is a very crucial question used by interviewers to gauge many factors including whether you are moving just for money. So when it comes to the dreaded question of salary expectation, one is perhaps always wondering whether you undervalued oversold yourself. Therefore it is good that you are preparing to handle this question.
Therefore the more you are aware of market median compensation for the role you are interviewing for the better you are equipped to answer question on salary expectation.


Explore market data for the role with respect to compensation, what do companies pay for this role both big and small, this could be done via some research on the net.  To it include data for company, city and the industry.
Assess what you bring in to the role and how you are going to contribute to the company and its growth, add to that a  reasonable percentage hike for the change you are making.
Any organisation perhaps have budgets fixed for roles that are finalized and so the success of salary negotiation depends on how you are able to get them to give you your value at the same time they don't see it as a stretch that it jeopardizes your chance with the offer


Verwin Ganapathi Venkatesh Ganapathi Venkatesh Answered on 21/6/2019
I always quote on the higher side and then mention that I'm flexible on the salary part. If they know you are flexible, they will proceed with what they think is the best offer for you. After receiving the offer you can then go a little back an forth on the actual number.
How to answer when they ask about salary expectation in the interview? I dont want to quote too less or way too much and ruin my chance?

Have salary discussion only towards the end of the hiring process. If they already like you as a candidate they will be willing to meet your expected salary. But if you quote a high comp right at the beginning, they will easily reject you and move on.

Verwin Rajesh R
Answered on: 5/7/2019

Agree with what others have said. In addition to it, always take into consideration your entire salary when you quote salary expectation, don't leave out any variable part. Also, mention what percentage of fixed and what percentage of variable you get now. And very important-when they offer ,check that you get a good hike on the fixed part of your current compensation. I have seen many folks who think they have got a great hike but they end up getting most of the hike in their variable part and only after they join the new company, they realize that their take home salary has not changed from the previous job!

Verwin Charith Sahoo
Answered on: 2/7/2019

If you have an idea about how much hike% your colleagues in similar job like yours (who recently quit) are getting in the job market, that can be a good starting point. When you talk to the interviewer never mention a particular salary number i.e. X lacs. IF it is too much they wont'consider you after hearing the number. Instead say you are comfortable with a range of x to y percentage increase from your current salary.

Verwin Satarupa Ghosh
Answered on: 2/7/2019
Hello Lavanya, this is a very crucial question used by interviewers to gauge many factors including whether you are moving just for money. So when it comes to the dreaded question of salary expectation, one is perhaps always wondering whether you undervalued oversold yourself. Therefore it is good that you are preparing to handle this question.
Therefore the more you are aware of market median compensation for the role you are interviewing for the better you are equipped to answer question on salary expectation.


Explore market data for the role with respect to compensation, what do companies pay for this role both big and small, this could be done via some research on the net.  To it include data for company, city and the industry.
Assess what you bring in to the role and how you are going to contribute to the company and its growth, add to that a  reasonable percentage hike for the change you are making.
Any organisation perhaps have budgets fixed for roles that are finalized and so the success of salary negotiation depends on how you are able to get them to give you your value at the same time they don't see it as a stretch that it jeopardizes your chance with the offer


Verwin Sathya Krishnan
Answered on: 21/6/2019
I always quote on the higher side and then mention that I'm flexible on the salary part. If they know you are flexible, they will proceed with what they think is the best offer for you. After receiving the offer you can then go a little back an forth on the actual number.
Verwin Ganapathi Venkatesh
Answered on: 21/6/2019