Answered by Ellee, Hiring Expert at Textron Inc., on Wednesday, May 31, 2017
Hi! That is a great question and one that is thought about by most job seekers. One reason that employers ask this question on an application is to determine your expectations and to understand if your expectations are outside of the salary range for this particular position. Prior to applying to jobs, you will want to do research for the market where the position is located and determine the market salary in that area, in the same function/position, and similar skills/experiences. This will help you determine a salary range that you are comfortable with and can insert on the application if it is required to put in a dollar amount. If the application asks for a range, be sure that you are comfortable with any salary offer in that range, whether it be on the low end or on the high end. Also, be mindful that compensation includes more than just your salary. If you do land the interview, ask about the additional benefits that the company offers – they may offer a more robust medical plan, more vacation/personal time, etc. This will help you determine the value of your overall compensation package if you receive the offer. Be honest with yourself and the employer when it comes to salary expectations.