WHAT ARE YOUR SALARY EXPECTATIONS? (How to NEGOTIATE A HIGHER SALARY in a JOB INTERVIEW!)

Summary

This video offers a comprehensive guide to securing the highest possible salary during job interviews. The presenter introduces a four-step formula—RESEARCH, RANGE, REQUEST, and REASONS—to confidently answer salary expectation questions. They provide two sample answers, one suggesting a specific salary based on industry research and another inviting the employer to propose a figure. The video also promotes a resource of 30 example answers to common interview questions, encouraging viewers to subscribe for access and emphasizing the importance of preparation and negotiation.

Takeaways

• 😀 The video offers tips and a formula to help viewers negotiate the highest possible salary during job interviews.
• 📈 The presenter introduces a '4R' formula: Research, Range, Request, and Reasons, to guide salary negotiation.
• 🔍 Researching the salary range for the job and industry on sites like GlassDoor.com is crucial for setting expectations.
• 💼 The Range step involves stating the researched salary range to the hiring manager during the interview.
• 💰 The Request step suggests proposing a salary slightly below the top end of the researched range to show respect and negotiation room.
• 📝 Reasons should be provided to justify the requested salary, highlighting the candidate's value to the company.
• 🗣️ Two example answers are provided to demonstrate how to use the 4R formula in response to salary expectation questions.
• 🤝 An alternative approach is suggested where the candidate asks the hiring manager for their salary offer instead of stating a specific figure.
• 📚 The video encourages viewers to download a set of 30 example answers to difficult interview questions from the presenter's website.
• 👍 The presenter asks viewers to subscribe, like, and comment on the video to engage with the content and receive personalized help.

Q & A

What is the main focus of the video script?

The main focus of the video script is to provide tips and strategies to help viewers negotiate the highest possible salary during a job interview.

What does the acronym '4Rs' stand for in the context of the video?

In the context of the video, '4Rs' stands for RESEARCH, RANGE, REQUEST, and REASONS, which is a formula for answering salary expectation questions in job interviews.

How does the speaker suggest researching the salary for a job and industry?

The speaker suggests using websites like GlassDoor.com to research the salary range for a specific job role and industry.

What is the significance of stating a salary range during a job interview?

Stating a salary range during a job interview helps set expectations and shows that the candidate has done their research, which can prevent the hiring manager from offering a low salary.

Why does the speaker recommend pitching the salary request slightly below the top end of the range?

Pitching the salary request slightly below the top end of the range is a strategic move to show respect and leave room for negotiation, while still aiming for a higher salary.

What are the three reasons the speaker provides for justifying a requested salary of $66,000 in the example answer?

The three reasons provided are: 1) Bringing passion and commitment to the company's goals, 2) Being flexible in job responsibilities to provide extra value, and 3) Possessing skills beyond the job description, such as social media marketing.

What is the alternative approach to stating a specific salary expectation suggested in the video?

The alternative approach suggested is to ask the hiring manager what salary they would like to offer, and then discuss whether it meets the candidate's expectations.

Where can viewers find the Top 30 Brilliant Answers to Difficult Interview Questions mentioned in the script?

Viewers can find the Top 30 Brilliant Answers to Difficult Interview Questions by clicking the link in the top-right hand corner of the video and visiting Passmyinterview.Com.

How does the speaker encourage viewers to engage with the content?

The speaker encourages viewers to subscribe to the YouTube channel, like the video, and comment with the name of the job they are applying for to receive additional help.

What is the purpose of the speaker's request for viewers to comment with their job application details?

The purpose of requesting viewers to comment with their job application details is to provide personalized assistance and example answers tailored to their specific job interviews.

Why does the speaker emphasize the importance of subscribing to the channel?

The speaker emphasizes subscribing to the channel to ensure viewers receive updates on new content that can help them succeed in job interviews and career advancement.