Some job postings ask you to include a dollar amount that you expect to earn as a salary, or they may even ask you to include your salary history when you apply for the position. You may not feel comfortable about this, so how do you know when and how to disclose your compensation requirements when you apply for jobs? Companies request compensation information for various reasons. If your salary requirement or salary history is too high, employers can screen you out because they don't want to pay that much, or because they think you won't be happy working for less money.
How to Include Salary Expectations in Cover Letter (+ Examples)
Sample Cover Letter in Response to Salary Requirement Request | LiveCareer
For certain jobs, recruiters may request the applicants to disclose their salary requirements before attending the interview. In asking this question, employers want to know for how much money you are willing to work for in this particular role that you are applying for. Talking about money may seem awkward at the best of times; however, employers want to find out about this information for legitimate reasons see below. It is therefore advisable that you do disclose this information on your cover letter in a considered and diplomatic manner. If there is no formal request from the prospective employer, you should never disclose anything about money or your desired wages this early in the hiring process. It is the quickest and fastest way to knock yourself out before even reaching the interview stage!
Responding to Requests for Salary Requirements or Salary Histories: Strategies and Suggestions
Creating the perfect cover letter is one of the most difficult challenges confronting job seekers. Since you understand that the wrong salary request may reduce your chance of being interviewed, you may struggle to come up with the right number. The inclusion of that information can have negative consequences. For example, if your salary requirement is too high, the employer will dismiss your candidacy.
If a company does not request salary requirements in your application, then don't supply. Stating what you expect for a salary when a company does not ask may dramatically lessen your chances of getting an interview. When an employer does request your salary requirements, note your ideal range, and note that the range is negotiable if that's the case.