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The Best Answer to "What's Your Expected Salary?" - YouTube
Channel: Andrew LaCivita
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Hey, everybody, it's Andy back for another
week to help you build a career you love.
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Today, we're going to talk about the best
answer to what's your expected salary?
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Tell me.
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Who doesn't love getting this question right
out of the gate when they get into an interviewing
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process?
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I know it's a rough one.
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I get this question every week during my live
office hours.
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I get countless comments on my blog and on
the YouTube channel about this.
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I know it's frustrating.
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I know it makes you nervous, and I know a
lot of people out there worry about actually
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giving a number, and you should.
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You should worry about it.
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Today, what we're going to do is I'm going
to give you the exact script, so you can worry
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no more.
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I'm going to tell you why you should use this
script.
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I'm going to tell you the mistakes people
make, and why your thinking is likely wrong
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on how to approach this.
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Let's talk about this a little bit with some
of the new laws that are coming into effect.
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I know, in a number of countries, now also
in the United States, there are a number of
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states and cities, who prevent employers from
asking you what you earn, so what your current
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compensation is.
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While I'm sure that that will continue to
grow in the number of countries, and states
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and cities will adopt that law, one thing
that I don't think will go away is employers
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asking you what your expected salary is.
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Hey, how much do you want to earn?
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Here's what I advise.
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Number one, first thing, is under no circumstances
do I ever want you to actually give them a
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number.
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Why?
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Well, number one, first thing about this is
it's uneducated.
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You do not know what it's like to work there,
what you'll get to do, who you get to do it
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with, the training and development opportunities,
the vacation, the benefits, the benefit costs,
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all of those things.
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It's very difficult for you to hit the nail
on the head by giving them a number, especially
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this early in the process.
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The second thing is I don't want you to worry.
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There is not a recruiter in the world who
determines whether you get hired or what you
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get paid.
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The hiring officials do that, I mean, unless
the recruiter is the hiring official or the
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HR person is the hiring official.
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I don't want you to worry about that, because
they're not ultimately going to determine
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what you're going to get paid, even if they
give you a guideline as to what the position
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pays.
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I don't want you to worry about that upfront.
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The other thing is I don't want you to actually
give a number, because you might either aim
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too low, in which case you're setting their
expectations that your expectations are low,
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even though they might be willing to pay you
more, or you price yourself out because you
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went too high.
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The one thing that the recruiter can do in
the beginning of the process is knock you
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out, but the recruiter won't knock you out
if they really like your background and you
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don't provide a number.
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You might be thinking, well, maybe I can give
them a range.
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Well, that might be nice, but if I'm the hiring
official and you give me a range and you say,
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�Andy, I'd like to earn between $80,000
and $100,000,� what do you think I heard?
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I heard $80,000.
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What were you thinking?
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$100,000.
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You're still giving them a low number, probably
lower than they would be willing to pay, so
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ranges aren't really great either, because
those are still uneducated.
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They're likely to anchor on your low number,
when you mentally are thinking about your
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high number.
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Ranges don't work much, either.
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What I would rather you do is, when you are
approached with that question, I'd like you
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to say, �While compensation is important
to me, I really want to look at the entire
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value of working at your company: what I get
to do, who I get to do it with, the training
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opportunities, the career advancement opportunities,
the benefits, the vacation, and all of the
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other things that go along with working at
your organization.
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I'm excited to learn about those in the interviewing
process, and toward the end I would be able
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to give you a much better idea of what it
is that I would expect in terms of my salary,
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based on all those other factors.
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At the moment, to give you any kind of estimate
would be uneducated on my part.
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I look forward to investigating those areas,
and I look forward to starting the interview
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process.�
You might be thinking, well, that's evasive,
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and they're going to be upset if I don't actually
give them a number.
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What's actually going to happen if you don't
give them a number is you're going to effectively
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position yourself to earn a lot of points
throughout the process and make a more educated
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decision at the end.
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What's going to happen transactionally at
that moment, which most people do not realize,
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is if you've got the goods, if your resume's
in order, you are right for this position,
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and they are ultimately going to want to hire
you.
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That recruiter, if you don't provide an expected
salary, if it's a big deal to the recruiter
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or it's a big deal to the hiring official,
that recruiter will turn to the hiring official
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and say, �I like this person's background.
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They really didn't want to advise on what
it was that they expected in the way of compensation,�
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and the hiring official's going to say, �Get
them in here so we can interview her.�
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That's what they'll say.
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The reason I know that is I was a hiring official
for many, many years.
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I would always tell the recruiters, �Don't
ask what their expected salary is.
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It's silly for you to ask that, because they'll
give you an uneducated answer,� but some
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of the recruiters insisted on asking the question,
because they wanted to have an idea of whether
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or not they should get you into the process.
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Every time that the smart candidate didn't
provide the number, the recruiter would turn
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to me and say, �Andy, what do we do?�
I would say, �That person looks fantastic
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on paper.
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Get her here, so we can interview her.�
I don't want you to worry about that.
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It's really ... You think that they're going
to play hardball with you, but they're not.
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It's better to just talk about how you want
to look at the entire opportunity, and that
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compensation is one part.
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All right, if you'd like more about this particular
subject, I go into a number of different areas
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throughout the interviewing process in one
of my live office hours, called �Why You
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Don't Get Paid What You Deserve.� Check
that out.
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There's much more information about how to
handle this, as you submit your application,
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in your first call with your boss, and as
you tee up the opportunity to get that offer
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from the employer, and what to do and how
to position yourself to get paid what you
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deserve.
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If you liked this, click the thumbs up.
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Make sure you are subscribed to my YouTube
channel, so you can get these weekly videos
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and also be alerted when I go live on Thursdays.
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Every week, I go live on my YouTube channel
on Thursdays.
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I don't want you to miss that, if you've got
some questions for me.
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It gives us a chance to engage on a deeper
level, helps me know you better and coach
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you better.
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Make sure you're subscribed.
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Until next week, have a great one.
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