“I want money (that’s what I want!)” -The Beatles
Money. It’s on your mind, it’s on my mind, and it makes the world go ‘round.
As a job seeker, money takes on a new role. While your ideal job should be something that in itself is satisfying, it’s also what gets you more money.
When money is on your mind, it gets a little confusing as to where it belongs. How do you talk about money with employers? How do you ensure that your prospective job will get you the right paycheck?
Check out these four things to remember about money and your job search:
1. Keep it off your resume
When you send a resume off to an employer, it serves as an introduction for you. You wouldn’t introduce yourself to a new acquaintance and immediately launch into what you expected out of this new connection would you? Pay requirements are meant for later in the hiring process. However, there is one exception…
2. Follow directions
If you’re applying to a job posting, pay special attention to any directions the company gives about pay requirements. Sometimes the company wants pay requirements included in the application or your cover letter. When that’s the case, do what they say! It’s not too forward if that’s what they want. Ask for what you want now, otherwise you might find yourself unhappy with the salary offer later on.
3. Do your research
While many companies are going to pay their employees appropriately, know that they are also dealing with the tough economy. The best thing you can do to ensure the position you’re after will pay enough is to know what salary is expected. Sites like GlassDoor and your professional networking contacts can help steer you towards the right number.
4. Know the language
In a job listing, you might find a phrase like “compensation commensurate”, “commensurate with experience”, or “competitive scale”. However flowery this sounds, all the company is saying is that they pay this position what it’s worth, whatever that may be. This is also an indication that they have a solid figure in mind for the salary.
What do you think? What other rules should job seekers follow when it comes to money matters? Share your thoughts in the comments below!
To get the interview and money matters right, check out How To Sell Yourself on an Interview.
Gerrit Hall is the CEO and co-founder of RezScore, a free web application that reads, analyzes, and grades resumes – instantly. Gerrit has successfully combined his passion for computer science and the careers space by helping job seekers write the best resume possible. You can connect with Gerrit and RezScore Twitter @RezScore.