HomeCareerHow to Determine Your Job’s Salary Range
How to Determine Your Job’s Salary Range
20 April 2019
This month of April is when some of
us might be looking for new opportunities after receiving our year end bonus
for the previous fiscal year. All of us here have various reasons for leaving our current
employer, be it due to the people you are working with or thinking
of career advancement or even switching industries completely.
For those embarking on a job search or thinking of negotiating their current salary package with their current employer, the inevitable question on everyone’s mind will be what is the salary compensation package you are looking for.
From my experience, stating that
your compensation package is “negotiable” does not cut it with the
recruiters. Neither does giving them your ideal figure, you will be in a
disadvantageous position as you are “revealing your cards” to the
recruiters even before you have a chance to showcase your talent during the
The recruiter can either:-
(i) Offer you a compensation scheme
that is less than their original budget if your expected salary range is lower
than they expect
(ii) Drop you from the candidacy for
the position if your expected salary range is higher than what they have in
(iii) Work on your current salary to
package a slight raise
I acknowledge that you will eventually
have to submit your current payslip to the Human Resources for verification.
Nonetheless, try your best not to reveal your salary figures during the initial
stage of the recruitment.
Many times, we would like to
determine the budget allocated for the job before we consider applying for the
position. My Career’s Future by Singapore Workforce
Agency has published a report to inform
Singaporeans how much they should be earning based on their industry in the
particular year. It is especially useful given that it is the official
statistics published by the Singapore government.
My Career’s Future also has tips for readers to land their preferred roles, how to grow in their career and for employers for interviewing their potential candidates.
Andronika is borderline mental. To prevent causing distress to those around her, she has decided to set up this personal blog as an outlet and connect to like-minded people. When she is not working on her blog, you can find her with catching up on her never-ending summer reading list, working on her barre moves or taking a siesta.
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