One of the many things job candidates think about prior to a job interview is whether or not they should bring up the topic of money in an interview. In some cases, the discussion can happen in the first or second round of the interview process. In other instances, the subject of money should never come up until the company makes the candidate an offer of employment. In either case, it’s ironic that many fear that the subject of money in a job interview is too taboo.
Let’s discuss whether or not candidates should discuss money during a job interview, with the potential positives and negatives of this subject.
The Employer Will Ask the Candidate
It is inevitable that the employer or interviewer will ask the candidate during the first or second interview about compensation. The employer will want to know how much money you are looking for in this position, but it does not mean that you have to answer the question. Instead of providing a set number, you can answer the question by saying you are open to negotiation. You could also tell the interviewer how much you make at your current or most recent job. This will help move the conversation along without any issues.
Do Not Ask the Question
Job candidates should never ask what the payment will be for the position for which they are interviewing. When this happens, the interviewer gets the impression that all you want out of the job is a paycheck and benefits. There are people out there with that intention, but you do not want to be one of them. Instead, make it a point to avoid the question as long as possible, at least until the offer of employment is made by the company.
The Offer is Not Always the Final Word
You need to remember that the offer extended to you might not always be the final word from the employer. This means that once the offer is extended, you can ask the employer if there is any wiggle room in it. You might not secure a higher paycheck, but you very well could acquire an extra week of paid vacation or a signing bonus. These are very nice benefits that can be negotiated when the time is right.
Never Show Emotions During an Offer
Make it a point to avoid any emotional responses to the receipt of a job offer. If the salary is high, the company might think they are getting ripped off by hiring you because of your excitement. If the salary is low, a negative response will show the company that you cannot handle adversity.
When going into a job interview, be sure to know what your minimum salary is for annual, monthly, or weekly pay. This will help you determine when to walk away from the discussion, knowing that you have no chance of negotiation.