How Do I Discuss the Subject of Money?

How Do I Discuss the Subject of Money?

Avatar photo Jeff Gipson | August 24, 2015

During the employment interview, there’s a good possibility you’ll be asked about your current and anticipated level of benefits. Here’s the way to manage the following questions:
 
Question: What are you currently earning?
Answer: “My benefits, including bonus, is in the high-forties. I’m expecting my annual review next month, and that ought to put me in the low-fifties.”
 
Question: What type of earnings would you require to come to work here?
Answer: “Right now I’m more interested in learning about the opportunity, and if it’s the right fit, then I know you’ll be fair with me.”
 
In the answer to the first question, notice the approach a range was provided, not an exact dollar figure. However, in a predicament in which the interviewer pushes for an exact answer, then by all means, be specific, in terms of salary, bonus, benefits, anticipated increase, and so forth.
 
Don’t Come On Too Strong
Unless you’re pinned down in the earlier stages of the interview, the best time to talk about earnings is after you’ve developed mutual interest. If you initiate a conversation about salary and benefits, you run the potential risk of giving the employer the notion that money is the most significant reason for your job search.
 
From a tactical viewpoint, it makes the most sense to build your worth and exercise restriction before the topic ever comes up. The greater your asset value is in the eyes of the employer, the stronger your offer will be. The principal goal during the first and second interview is to discover the opportunity and your potential usefulness relative to the goals of the department or organization. Focusing on the money only sidetracks the greater issue of whether you and the employer can be highly effective and pleased working together.
 
Once you understand the job fits—and the employer can see your value—you’ll typically be able to concur on a reasonable price for your services.

About the Author

Avatar photo
Jeff Gipson
Jeff Gipson Sr. is a veteran of the staffing industry, with more than 30 years of experience. He got his start working for an international staffing organization where he focused on information technology placements across the country. In July 1992, Jeff continued his staffing career with a St. Louis based information technology staffing company. There, he was strategically involved in launching the organization’s first branch office — and subsequently three additional branch offices over the next several years. In July 2000 Jeff made another move — this time to launch his own staffing company, continuing his IT focus. In 2003 the organization was reinvented. Relying on his earlier sales career in the insurance industry, the company changed course and began building the firm around the insurance industry. The company continues to put all their energy in the insurance sector filling positions of all titles across the country. Jeff and his wife Carolyn have been married since 1980. They have three children and seven grandchildren.
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