How do you answer question about compensation
WebIn Germany, the compensation system is heavily regulated by law. The German Civil Code (BGB) and the German Commercial Code (HGB) govern the compensation system in the country. The law requires employers to provide their employees with a minimum wage, which is currently set at €9.50 per hour. The law also provides for paid sick leave ... WebBe calculating. When the potential employer or hiring manager asks about your current salary, be thoughtful before giving a number. A good way to approach this question is to provide a figure that is a calculation of your gross salary plus benefits. Your net salary would be a considerably lower number and certainly not the one you should share.
How do you answer question about compensation
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WebOct 15, 2024 · You can follow these steps to calculate the best salary for your desired position: 1. Research average salaries for the role. Start by doing online research on current salaries for your desired job title. This gives you a broad compensation range depending on location, company size, industry, experience and education. WebJan 12, 2024 · Let’s take a look at a few different ways of answering this seemingly straightforward question during an interview: Research-Based Example Answer Based on my salary research, I feel that an annual salary of between $39,000 and $45,000 is appropriate for someone with my experience.
WebJan 26, 2024 · How to answer “What are your salary expectations?” Experts generally say to avoid stating your salary expectations first. State a number too low and you could shortchange yourself in the... WebFeb 3, 2024 · When to answer questions about your current compensation While you may feel pressured to answer this question, you can choose not to if the timing feels inappropriate. What an employer pays you should be based on your qualifications and responsibilities rather than what you made in your previous role.
WebFeb 3, 2024 · Here are some examples of how to answer: For the less experienced candidate: Example 1 “I understand from my research and experience that low 50s to mid-60s is the competitive range for this role in this industry and city.” Example 2 “In this environment and in this location, my research indicates that mid-50s to low-70s is a … WebStrategic Map of Microsoft's Compensation Strategy: Objectives: Total compensation is highly prominent in Microsoft's overall HR strategy.It is seen as a critical component in …
WebMar 10, 2024 · The interviewer may ask a question like this one to evaluate how you take action to promote diversity and cultural awareness through your actions as a benefit specialist. Use examples from your experience to highlight your attention to detail, communication skills and ability to make decisions. Example: "In my last company, my …
WebJul 9, 2024 · Here is the process you can follow for answering the salary expectation question: 1. Research the average salary. Try to find out the average salary prevalent in the industry for your job role, location and experience level. Contact your friends and near ones working in a similar position. phil harris bandleaderWebMar 4, 2024 · Response One: Tell the hiring manager what you want to earn. If you have a base salary requirement, state it to tell the hiring manager that you probably expect a little … phil harris baloo the bearWebSep 27, 2024 · Sometimes online job applications ask for your desired compensation even before you speak to anyone from the company. If it is a free text desired salary field, default to writing “salary is... phil harris crab fishermanWebJul 26, 2024 · Here are a few things to avoid when answering a question related to your salary expectations in an interview: An exact amount: Avoid providing the hiring manager … phil harris and jack bennyWebStill, it’s essential to realize that tone can matter, both when it comes to the question asked and how you answer it. Speaking of answers, it’s also crucial to understand how a misstep when dealing with this question can hurt you. While there isn’t’ technically a “right” or “wrong” answer, that doesn’t’ mean you can’t ... phil harris boiseWebJun 27, 2024 · Whatever you do, you should be prepared to ask your managers some questions like: What do I need to do to earn the salary I desire? Can we review my salary again in six months? A year? Are my career goals possible at this company? Is a one-time bonus more realistic than a raise? “No matter what you do from an employee perspective, … phil harris deadliest catch childrenWebDec 9, 2024 · The following strategies, used individually or in some combination, outline how you might accomplish this in a way that doesn’t compromise your candidacy. Gently take the salary question off the ... phil harris deadliest catch net worth