ANSWER INTERVIEW QUESTION  

by NHKC Capital Resources

 

 
 

Answer Interview Question

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The interview questions that we are going to review here are the one usually asked about the salary and benefits:

Answer Interview Question:
What is the highest salary you have ever been paid in any position?

Be prepared to turn this question around to your benefit.  Ask the interviewer what the range is for this position and state your answer in relation to the qualifications you uniquely possess for the job.

Answer Interview Question:
How would you determine the value you would bring to our company?

Obviously you are worth a lot. Although this question is primarily about salary, you can use it to stress your unique qualifications and credentials and what assets you would bring to the company. Then remember the basics. Never try to negotiate salary or benefits until after you've gotten an offer. If you have been offered a position, congratulations! The hard part is over. If you feel uncomfortable about negotiating a salary, relax. The tables are now turned in your favor. Think about it. You've already gotten what you want. Unless you say yes to the offer, the burden is on the interviewer.

Answer Interview Question:
What was your salary at your previous position?

In computing your previous salary, be sure to include all benefits, including vacation time, stock options, retirement, car allowances, and other fringe benefits.  It is the entire package that you need to consider, not just your base salary.

Answer Interview Question:
What salary would you need to join our firm?

Negotiating salary includes a variety of factors. In computing your current situation, be sure to include all benefits, including vacation time, stock options, retirement, and other fringes.  It is the entire package that you need to consider not just your annual salary.

Answer Interview Question:
What if I told you that we couldn't afford to hire you at that salary?

The interviewer is seeking your bottom line figure.  Although you should already know what that is, try not to reveal your hand too early in the negotiating process. Remind the interviewer of the skills, experience, and qualifications you bring to the company. The most important thing to remember about salary negotiations is that most salaries are negotiable. That doesn't mean that you name a figure and the employer either matches it or doesn't. It means that you're ready to listen to what the company has to offer, and give it consideration.

Answer Interview Question:
How important is your salary to you? Are there other benefits that are more important?

It shouldn't be the only factor driving your interview or search for a job, so be sure and stress the other conditions that are necessary and important to you.

Answer Interview Question:
Since our budget for this position is fixed, the salary can not be negotiated.

Even though the interviewer may claim that the salary is fixed, the company may still have room to negotiate. If it appears that the salary range is not negotiable, and you are still interested in the position, use your influence to discuss additional fringe benefits that may be available for the position. Make sure that in this discussion, you reinforce why you are worth more than the rest.

Answer Interview Question:
Other than salary, are there other company benefits that you are particularly interested in?

Employers are seeking to match up what other benefits they can offer that meet your needs. In answering this question, describe only those company benefits that are at the top of your list.

Answer Interview Question:
The most this job would pay is $20,000. Are you still interested?

Some salaries are set by ceilings and limitations imposed by company policy.  If the salary is not negotiable, remember that you still may have room to negotiate on other company benefits, such as vacations time, retirement plans, stock options, etc.

Answer Interview Question:
What do you expect to be able to make here?

Ask the interviewer what a typical salary is for the career you have chosen in that area.  Be prepared with a figure in mind based upon your experience, qualifications, and skills. With a little bit of research, you should be able to determine your worth to the company.

Answer Interview Question:
What would you expect to be earning a few years from now?

This question addresses your ambition and drive more than salary. Focus more on the types of experiences you hope to gain over time, as well as the experience that the job you are applying will bring.

Answer Interview Question:
How much do you think we would pay you in this position?

Your task is to try to determine how high the employer is likely to go. Don't tip your hand at this point by giving a concrete figure for which you are willing to settle.  Explain that you would expect to earn a fair salary based upon your experience and skills. Let the interviewer be the first one to bring up an actual figure.

Answer Interview Question:
What has been your salary history?

Although your previous salary history may have some bearing on future potential, most salaries are negotiable.  Do your homework and be prepared to discuss a realistic salary expectation.

Answer Interview Question:
What is the lowest salary you would consider?

Even if there is a minimum you would accept, you don't want to reveal it to the interviewer.  Talk about your qualifications for the position and your requirements without resorting to stating an absolute bottom line. Remember that most salaries are negotiable. To succeed in negotiation, both parties have to reach an agreement with which both are happy.

Answer Interview Question:
What is the range of salary you are seeking?

Be prepared to have a salary range in mind when you enter the first interview. If the interviewer brings up the subject of salary, discuss it with him or her. It is usually a good idea not to bring up the subject of salary unless the company brings it up first.

Answer Interview Question:
How does the salary we are offering compare to your current salary?

In computing your current situation, be sure to include all benefits, including vacation time, stock options, retirement, and other company benefits. It is the entire package that you need to compare, not just one figure.

Answer Interview Question:
Do you have a starting salary in mind?

Usually an interviewer already knows what range they are authorized to offer for the position.  Reaffirm your worth to the company by restating your qualifications and if appropriate your requirements for starting this position.

Answer Interview Question:
What was your salary in your previous position?

Often employers will need to know your previous salary to assess a salary fit with what they can offer --especially if the last position you held is very similar to one you are seeking.

Answer Interview Question:
Our company offers several benefits in addition to your salary. Does this interest you?

Usually this question is used as a negotiating strategy when it comes time to discuss salary. Indicate your overall interest in the company, including benefits that the company has to offer.

Answer Interview Question:
Would you expect a salary raise with this job on a regular basis? If so, how much?

This is good opportunity to describe your ambition, drive, and ability to grow professionally. You would hope to be compensated accordingly.  State that you expect to be a significant contributor at the company and that any exceptional raises would be based on exceptional evaluations, job performance, and accomplishments. If this does not fit your particular situation, you may wish to discuss your expectation of a standard salary increase as the cost of living increases over time.

Answer Interview Question:
What if we could stretch our budget a little and get you a little more? Would you accept the offer?

If the salary is within your expectations, you may be tempted to say yes right away. Always take some time to consider the offer. Let the interviewer know that you are interested, but that you would like some time to consider the offer carefully. Know your requirements ahead of time and be prepared to discuss them at the right moment.  Be sure you have researched the company and the position prior to the interview and can discuss the equivalent salary ranges for the position in other companies.  Briefly remind the interviewer of your unique qualifications and skills.

Answer Interview Question:
What if we offered you a lower starting salary with opportunity for a significant raise in six months based on your performance?

This is a personal decision that only you are in a position to consider.  You know your own limitations.  Try not to act desperate; review the lower salary with dispassion and clarity. Take the time to think through each offer thoroughly.

Answer Interview Question:
Would you be willing to intern for a couple of months before we hire you as a full-time employee?

You usually won't come across this question unless internships are a normal process in the industry for which you are interviewing.  Be prepared, if that is the case, to discuss your requirements honestly and succinctly.

Answer Interview Question:
We believe that our employees should start at a lower salary and then earn additional compensation once they have demonstrated their worth to the company.

Reassure the interviewer that you think this is an admirable policy and are more than willing to prove your worth to the company.  Follow up by asking what the normal time limitations are for periodic reviews.

Answer Interview Question:
Your salary expectation is higher than what we had planned, would you take a lower salary?

An organization will try to recruit you at what they have determined is competitive and fair. If you really want the position and there is a good fit and good opportunities, consider taking it. However, you might also try to ask about methods for you to achieve the salary that you prefer.

Answer Interview Question:
What is your ultimate salary requirement?

Be prepared to state your worth based on experience, knowledge, skills, and track record.  Talk about the results you know that you can produce for the employer.  Even if the interviewer tries pressuring you, avoid naming a specific figure early in the interviewer "game".

Answer Interview Question:
We can only offer you $30,000 at this time.  Is that acceptable to you?

You don't usually have to accept the first offer a company makes, whatever it is.  In most cases you can improve the existing offer in a number of ways.  Be ready with three figures (in your mind): a minimum, a realistic midpoint desired salary, and a dream salary.  Find a starting point that gives you every advantage and negotiate from there.

Answer Interview Question:
You certainly seem to have what it takes to fit in with our company.  What would it take to bring you here?

The time to negotiate is at hand.  Your potential employer has indicated their interest in you as a top candidate for the position. Reassure them that you have the skills, enthusiasm, experience, and desire to do the job.  Indicate how you believe you can produce more value for the company and describe your capabilities in terms of the value they can provide the organization.  Then be prepared to negotiate.  Your willingness and ability to negotiate for yourself demonstrate your personal effectiveness.

Answer Interview Question:
We have received many top-notch candidates for this position and it will take some time to sort through them.  Based on salary consideration alone, what is your bottom line?

Affirm to the employer that you can certainly understand why many people would be attracted to the position.  Redefine your own qualifications in terms of your unique qualities and skills.  Recap the benefits you offer to the company.  Then, discuss the additional compensations that are part of the package you would consider.

Answer Interview Question:
The salary you are seeking is at the highest end of the market.  What makes you worth that much?

The employer has actually given you an incredible opportunity to demonstrate your worth.  Remind the interviewer of your qualifications, skills, and abilities and the subsequent cost savings and benefits that your experience will bring to the company.

Answer Interview Question:
The salary you are asking is not possible for our firm at this time.  Would you consider less?

You will have to decide how badly you want the job and whether you think this a negotiating strategy.  If you have done your research, you will be better prepared to discuss what the position should be worth.

Answer Interview Question:
What do you think this job is worth?

If you have done your homework, you will have a good idea of what the job is worth based on the duties and responsibilities of the position.  It is to your advantage however to delay discussing salary until you have also demonstrated your worth to the employer.

Answer Interview Question:
So, how much will you cost us?

This is an opportunity to show the interviewer that you are the appropriate person for the job.  Discuss what you bring to the position, namely, experience, competence, motivation, skills, and interest.  Demonstrate that you are worth the salary and benefits you would be paid.

Answer Interview Question:
How much are you currently earning?

Your best approach to this question is to defer it as long as possible until the employer is prepared to make you an offer.  Try to separate your current earnings from future negotiations.  If you choose to reveal your current salary, talk in ranges and ballpark figures rather than actual numbers.

Answer Interview Question:
You were only making $ 30,000 in your last job.  Why should we pay you more?

Be prepared with a justification for the salary range you are seeking, based on the types of responsibilities of the position, your experience, and what you can bring to the company.

Answer Interview Question:
Are your salary requirements open for discussion?

Obviously negotiation is part of any job hunting strategy.  However, it is best not to enter into a discussion about salary requirements until you have been offered a position with the firm.  Deflect the salary questions until the timing is just right.

Answer Interview Question:
Have you ever been refused a raise?

Turn the question around by indicating what kind of job performance evaluations you have had with previous employers and your employer's satisfaction with your work. Talk in detail about the positive performance reviews that have resulted in an increase in your salary.

To continue, click here: Questions about your character

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