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Salary Expectation: How much to ask for?
To define your salary expectations, you need to research the market and understand the benefits offered. The amount is negotiable and should be clearly included on your resume.
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Get a fair salary by correctly defining your salary expectations on your CV!
Finding your first job or re-entering the job market can be challenging, especially when it comes to meeting the dreaded salary expectations.
So, what is salary expectation? Why do companies ask you to disclose this amount? Let’s explore these questions and provide valuable insights to help you define your salary expectation strategically.
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In addition, we will discuss the salary differences between PJ and CLT contracts, and whether you should really include your salary expectations on your resume.
So, let's embark on this journey towards professional success together and discover how to define your salary expectations effectively.
Why do companies ask for salary expectations?
Firstly, companies request information about candidates' salary expectations for an important reason: to align remuneration expectations with the possibilities offered by the vacancy.
In other words, by getting a clear idea of what the candidate expects in terms of remuneration, companies can assess whether the amount is within the expected salary range for the position.
Therefore, this information helps in selecting the most suitable candidates, avoiding wasting time for both the employer and the candidates.
When asking about salary expectations, companies seek to avoid situations in which the candidate's salary expectations and the job offer are not aligned.
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For example, if the vacancy provides for a salary below what the candidate expects, it is likely that this discrepancy will make the professional less interested in the position or even lead to the rejection of the offer if one is made.
Meanwhile, if the salary offered is within or above the candidate's expectations, this creates a solid foundation for continuing the selection and negotiation process.
Reasons to include salary expectations on your CV
Although it may seem superfluous, including salary expectations on your resume can bring significant benefits to job seekers.
By providing this information clearly and appropriately, you demonstrate transparency and professionalism, as well as helping recruiters assess your compatibility with the available position.
So, let’s look at some reasons why you should consider filling this information out on your resume.
Initial filter
By providing your salary expectations on your resume, you allow recruiters to assess your financial suitability for the role from the outset.
This way, you will ensure that you are being considered for positions that are within your desired salary range.
Time saving
Including this amount on your resume can speed up the selection process. After all, if recruiters realize that your salary expectations are not in line with what the company is offering, they may discard your application early on, saving time for both you and the company.
Demonstration of trust
By stating your salary expectations on your resume, you show confidence in your abilities and what you expect to receive financially for your work.
This way you convey a professional and determined attitude, standing out from the other candidates.
Facilitates negotiation
This way, you provide a basis for future salary negotiations. This can be beneficial if you are selected for the next stage of the selection process.
This way, you allow the company to have a clear idea of your expectations and avoid surprises during final negotiations.
In fact, it is important to highlight that, when filling out this information on your CV, it is recommended to provide a realistic value that is consistent with your skills, experience and the job market.
Furthermore, researching the average salary for the desired position and taking into account factors such as hierarchical level, geographic location and benefits is also essential to define an appropriate salary expectation.
How do I define my salary expectations?
While setting your salary expectations can be a challenging process, there are several important considerations that can help you with this task.
So, here are some tips to help you determine this value more assertively:
Those who are employed must consider a “risk rate”
So, if you are already employed and receive an offer to change jobs, it is important to take into account the risk involved in this transition. For example, a reasonable risk rate usually ranges from 10% to 20% more than your current salary.
This rate takes into account the fact that changing jobs involves uncertainty and the possibility of not adapting to or not liking the new work environment.
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Last salary is a reference for those who are unemployed
If you are unemployed, your last salary can serve as a reference for determining your salary expectations. However, it is important to consider that, when you lose your job, you may have to adjust to the current reality of the market.
Think about your experience
Your professional experience plays a key role in defining the appropriate salary range. The differentiation between junior, mid-level and senior positions is directly related to experience and directly impacts salary levels.
How to set your salary expectations for your first job
If you are looking for your first job, it is important to focus on the learning and growth opportunities that the position offers.
In this case, it is more relevant to understand the challenges and opportunities provided by the company than the salary currently offered.
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However, it is important to fill in the salary expectation field on your resume to be considered in the recruiter's screening. To determine this value, research the average salary offered by companies for entry-level professionals with a profile similar to yours.
Salaries vary greatly for the same position
It's important to remember that salaries can vary considerably for the same position, depending on experience and company size. So, research the salary ranges for your specific position in the market.
Research the market
It is essential to monitor the job market and have a clear understanding of salary trends. During times of economic crisis, salaries tend to be pressured downwards, and it is important to adjust your expectations accordingly.
To obtain information about the market, research salaries on specialized websites, consult salary guides, talk to professionals in the field and participate in professional networks.
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Consider your cost of living
When determining your salary expectations, consider your current cost of living. Carefully consider essential expenses such as housing, food, transportation, and personal care.
Also consider your financial commitments, such as paying off loans or debts. This assessment will help ensure that your salary expectations meet your basic needs and allow you to live comfortably.
Understand the benefits
In addition to salary, it is important to consider the benefits offered by the company. Often, indirect benefits, such as health insurance, life insurance and flexible hours, can have a significant impact on your satisfaction and quality of life.
Consider growth opportunities
When evaluating a salary proposal, take into account the opportunities for growth and professional development that the company offers.
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If there is the possibility of acquiring new skills, taking on greater responsibilities, or getting promotions in the future, it may be justifiable to accept a starting salary that is slightly lower than expected.
Think long-term and evaluate whether the company provides an environment conducive to your career growth.
Remember that defining your salary expectations is a negotiable and individual process. It is important to be prepared to talk to recruiters during the selection process stages, providing clear justifications for your salary expectations.
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