Figuring out an appropriate salary range for yourself can be a bit tricky. However, it is very important to do this, because there is a good chance that a hiring manager will ask you what your desired salary is in an interview.
If you provide him or her with a number that is too high or too low, then the hiring manager may view you as a bad fit for the position. So, the key is to find that sweet spot that both works for you, and is also reasonable in the eyes of the hiring manager. Here are some great tips on how to do this!
Collect the relevant information
In order to figure out what your salary should be when you are conducting your job search for your dream job, the first thing you need to do is to collect and assess all of the relevant information that goes into a salary.
This means, you need to identify your experience, your education, any awards or certificates you have earned, the salary at your last job, etc. This information is what will be used to calculate your salary.
Use a wage calculator
Once you have gathered all of the information that is relevant to your work history and education, you can find an online wage calculator and use it. A good example of one is the “Salary Wizard,” on Salary.com. SalaryExpert.com is another great website for providing salary data and projections. These online wage calculators use algorithms and statistics to help you figure out what the appropriate rates are for salaries and wages for the jobs you are seeking. They are quite handy!
Account for important variables
Things like location and schedule flexibility can have a significant impact on your salary level when you are trying to find a job. For example, a salary for the same exact job can be very different in rural Kentucky versus in New York City. Whether you are available to travel and work different shifts can also have a major impact in how much an employer is willing to pay you.
Conduct a basic salary search
You can do this by simply going on to job websites, looking up jobs that are similar to the one you are seeking, and seeing what employers are offering. This can give you a basic idea of what you can expect. It lets you know what the prices are in the actual job market.
When you are preparing for an interview, it is extremely helpful to know what a good salary to ask for is. Without doing research about this number, you are just guessing in the dark. Doing that can be very risky. So, instead, it is a better idea to use these great tips to help you find the right salary figures!