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If you find discussing salary expectations a stressful experience, here are a few top tips that can help you confidently ask for what you want 💙
Salary negotiation can be a challenging but ultimately rewarding process, literally. After training a couple of work experience students at Cleo on this recently, I was reminded how daunting it can feel when you’re just starting out. So, here’s a handy guide to follow, whether this is your first, fourth or hundredth time!
Some employers (like Cleo) are super transparent about what you can expect to earn with them and include salary bands on job postings.
In the early stages of an interview process, you’ll probably be asked something like: ‘What are your salary expectations/What's your current salary/compensation package?'. This is completely fair, it’s important to align early in the process on a range. But - and this is a BIG but - you do not need to disclose your current salary package. Some employers could use this to pay you under the market rate. At Cleo, we’ll never ask a candidate for their current salary package, it’s just not relevant.
Fortunately, more and more companies are publishing their salary bandings externally, like ours. If they don’t offer them outright, take the proactive approach and ask: 'What's the salary band on offer for this opportunity?'
If you need tips around how to answer questions around salary expectations, check out Glassdoor's guide.
Firstly, Congratulations! You've got yourself an offer 🥂 The power now lies firmly in your hands. You might be happy with the offer and feel comfortable accepting your offer on the spot, if so - great! However, if the offer isn’t acceptable, it's time to start negotiating.
Here’s how to negotiate a salary:
Negotiating salaries can be a daunting but empowering experience. Following the above advice should help you land an offer that matches your needs and pays you fairly, regardless of what you’re being paid now.
We’re hiring at Cleo! Check out our opportunities if you’re interested.
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Big love. Cleo 💙
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*Don't know who needs to read this, but you are in charge of your money.
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