This article was co-authored by Jonathan Soormaghen. Jonathan Soormaghen is a Career Coach and Founder of Resume Advisor, a career counseling firm that specializes in creating personalized products such as resumes, CVs, cover letters, and online branding tools to propel clients toward their next career milestone. Jonathan holds a BA in Political Economy from the University of California, Berkeley, where he was honored to serve as the Valedictory speaker of general commencement. Prior to founding Resume Advisor, he worked in management consulting and finance at companies including Accenture, Target, and Ernst & Young. Jonathan's clients have landed job offers from leading firms including Netflix, Google, Microsoft, Amazon, Facebook, Apple, Uber, Deloitte, KMPG, Accenture, and Merrill Lynch.
There are 7 references cited in this article, which can be found at the bottom of the page.
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If you've been asked to respond to an email with your expected salary, it's important that you do the proper research before you respond. First, you should calculate your yearly costs so you have an idea of what you need to make. Then, you need to figure out the average salary in your industry and area so that you can give a reasonable response. If you take your time and cover your bases, you can get the salary you want and improve your chances of getting the job.
Quick Steps
- Address the employer and thank them for the job opportunity.
- Explain why your expected salary is deserved, like “Based on my experience, I think a salary between $50,000 and $65,000 is appropriate.”
- Use a pay range instead of a set number if you’re unsure what the employer pays.
- Add that you’re flexible on price or willing to negotiate based on benefits offered.
Steps
Sample Email
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Calculate your living expenses. Figure out the minimum that you need to make in order to cover your monthly costs, then multiply it by 12 to get the minimum that you need to make each year. It may help to create a spreadsheet that lists your costs while you're calculating them. These costs can include things like rent, bills, and extra spending money. You'll also want to consider taxes when calculating your income and expenses.[1]
- To figure out your net pay, deduct the taxes you have to pay from your total pay.
- Remember to include quarterly or yearly bills that you need to pay as well.
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Research how much others make in the same position.[2] Search sites like Glassdoor, Indeed, and the Bureau of Labor Statistics to find salaries for your particular job. This will give you a better idea of what you should be making in the position and can help you set a number for your salary expectations.[3]
- You can sometimes find past salaries at the specific company you are applying to on sites like Glassdoor. Knowing this information will inform you how the company is paying employees in similar positions.
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Determine the cost of living in your area. The cost of living in certain cities, states, or countries varies significantly and affects how much people get paid in the area. Websites like Glassdoor, Salary.com, and Payscale.com have local employment statistics so that you can see what people are generally earning near you. Use these websites to help narrow down your salary expectations.[4]
- For instance, if you live in New York City, the cost of living, and thus the salaries, will be much higher than if you lived in Raleigh, North Carolina.
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Be honest with your salary expectations.[5] Don't ask for more than you think you're worth just because you want more money. On the flip-side, you should also not low-ball the number or you may end up getting paid poorly in your new position. Be as honest and upfront as you can with yourself and your potential employer when responding to expected salary questions.[6]
- Wondering how to answer questions about expected salary? Check out what wikiHow users recommend at What should I say when asked "what are your salary expectations?" forum.
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Provide a simple and concise subject line. The subject line should be short and to the point. You should add some identifier so that the person can easily find the email when they search for it.[7]
- For instance, the subject line could be something like, “Garrett Anthony - Expected salary information.”
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Use the same tone as previous correspondence. If your correspondence with the employer has been formal thus far, keep it that way in your email. If you've been communicating on a more informal basis, a “Hello,” followed by the first name will probably suffice in the intro.[8]
- Use salutations like "Mr.," "Ms.," and "Mrs." if you've used them throughout the hiring process.
- For formal communications, you may want to start the letter with something like, “Dear Mr. Smith.” For more informal jobs, a “Hello John” or “Hi John,” should suffice.
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Write a short 2-3 sentences thanking them for the opportunity. A small thank you paragraph will let them know that you're still interested in the position. This is also a great way to segue into the more serious conversation of salary and benefits.[9]
- The first paragraph can be something like, “Thanks so much for the opportunity! I appreciate the time that you've given me during this process and I'm excited about the prospect of joining the team.”
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Include your expected salary and 2-3 sentences and why you deserve it. The second paragraph should include your expected salary. Make sure to justify the number with a couple of sentences highlighting your education or experience.[10] This will improve the chances of you getting the salary that you want.[11]
- Your second paragraph can be something like, “Based on my 5 years of experience, I think that something in between $50,000 and $65,000 would be appropriate.”
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Double-check your email for grammatical and spelling errors. Double or triple check the email before you hit the send button to avoid leaving the wrong impression. Spelling and grammar errors in your email can make you look unprofessional and could hurt your chances to get the job.[12]
- Run spell and grammar check on emails before you send them to avoid mistakes.
- Even though the email is short, it's important that everything is clear and correct.
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Provide a salary range that satisfies you instead of a concrete number. If you're unsure of what the employer is willing to pay or what you want to ask for, you can give them a range.[13] Use your research and find the lowest and highest paid people with similar experience in your particular position to create that range.[14]
- Giving a range will show them that you're flexible and may benefit you during salary negotiations.
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Say that the salary is negotiable based on benefits. Benefits can save you a lot of money so it's important that you take them into consideration when answering the expected salary question. On the flip side, the job may offer no benefits. In this case, it's okay to ask for a little more than the market average to make up for the lack of benefits.[15]
- You can write something in the email like, “Negotiable based on the benefits package.”
- For instance, if the position offers health benefits that would normally cost you $2,000 per year, you'll need to calculate that into your expected salary.
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Let them know that you are flexible with the salary. Tell the employer that you're flexible, especially if you really want the job. This may keep you in the running and could come in handy during salary negotiations later.[16]
- You can write something like, “I'm highly flexible with my salary and would love the opportunity to join the team.”
Expert Q&A
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QuestionHow do you politely answer salary negotiation questions?Jonathan SoormaghenJonathan Soormaghen is a Career Coach and Founder of Resume Advisor, a career counseling firm that specializes in creating personalized products such as resumes, CVs, cover letters, and online branding tools to propel clients toward their next career milestone. Jonathan holds a BA in Political Economy from the University of California, Berkeley, where he was honored to serve as the Valedictory speaker of general commencement. Prior to founding Resume Advisor, he worked in management consulting and finance at companies including Accenture, Target, and Ernst & Young. Jonathan's clients have landed job offers from leading firms including Netflix, Google, Microsoft, Amazon, Facebook, Apple, Uber, Deloitte, KMPG, Accenture, and Merrill Lynch.
Career CoachI always suggest stating the salary you were at before, and implying that you're seeking some advancement from what you were doing before. For example, you could say that in your previous role, you were making $75,000 a year and that you are hoping to see a 10% to 12% increase in your next role. This way, you avoid stating an exact number, which can come off as aggressive to potential employers. -
QuestionWhat is meant by “expected base salary”?wikiHow Staff EditorThis answer was written by one of our trained team of researchers who validated it for accuracy and comprehensiveness.
Staff AnswerwikiHow Staff EditorStaff AnswerYour base salary is the basic, set amount that you are paid for your work, not including things like benefits, bonuses, tips, or commissions. The expected base salary would be the amount you hope or expect to be paid, typically per year, at a potential job. -
QuestionWhat is a reasonable salary range?wikiHow Staff EditorThis answer was written by one of our trained team of researchers who validated it for accuracy and comprehensiveness.
Staff AnswerwikiHow Staff EditorStaff AnswerIt depends on the job you’re applying for and your experience level. Do research on the average salary for the kind of job you want. In general, the range should cover at least $10,000 from the lower to upper end of the range, with the bottom end being the absolute lowest amount you’re willing to accept. If you’re already working in the field, try setting the bottom end of the range to about 10% higher than your current salary. For example, if you currently make $50,000, your range could be $55,000-65,000.
Tips
References
- ↑ https://www.cv-library.co.uk/career-advice/interviews/how-to-answer/what-is-your-salary-expectation/
- ↑ Jonathan Soormaghen. Career Coach. Expert Interview. 7 October 2020.
- ↑ https://www.wallstreetoasis.com/forum/investment-banking/how-to-answer-salary-question-in-email
- ↑ https://www.cv-library.co.uk/career-advice/interviews/how-to-answer/what-is-your-salary-expectation/
- ↑ Jonathan Soormaghen. Career Coach. Expert Interview. 7 October 2020.
- ↑ https://www.cv-library.co.uk/career-advice/interviews/how-to-answer/what-is-your-salary-expectation/
- ↑ https://www.ihire.com/careeradvice/pages/sample-emails-for-salary-negotiation
- ↑ https://www.ihire.com/careeradvice/pages/sample-emails-for-salary-negotiation
- ↑ https://www.ihire.com/careeradvice/pages/sample-emails-for-salary-negotiation
- ↑ Jonathan Soormaghen. Career Coach. Expert Interview. 7 October 2020.
- ↑ https://www.ihire.com/careeradvice/pages/sample-emails-for-salary-negotiation
- ↑ https://www.inc.com/peter-economy/17-spelling-errors-that-make-you-look-really-unprofessional.html
- ↑ Jonathan Soormaghen. Career Coach. Expert Interview. 7 October 2020.
- ↑ https://www.jobscan.co/blog/answer-salary-expectations/
- ↑ https://www.thebalancecareers.com/cover-letter-example-with-a-salary-requirement-range-2060209
- ↑ https://www.thebalancecareers.com/cover-letter-example-with-a-salary-requirement-range-2060209
About This Article
Before you write an email stating your salary expectations, start by calculating your approximate yearly cost of living, including your rent, bills, and monthly spending money. When you’re writing the email, start by thanking your potential employer for the opportunity, then provide a range of salaries you’d accept, based on the cost of living you calculated and on searching Glassdoor for what others make in the same position. Conclude your email by noting that your expectations are flexible, and negotiable based on whether or not you get a benefits package. For more tips, like how to write an effective and professional subject line, keep reading!