Should you discuss your salary requirements, or disclose your salary history in your cover letter or resume? In some cases, the job listing may specifically ask you to provide salary requirements on cover letter what to write ballpark figure. If your previous employer paid you significantly below the industry average, for example, that could raise some red flags.
The tips below will help you to discern how and if you should do that. At the end of this article is a sample cover letter with salary requirements you can use to model your own.
When and How to Mention Compensation in a Cover Letter
Ideally, you should hold onto the salary information until the employment negotiation phase. You should also leave the salary details off if they violate any confidentiality agreements. And you do not have any restrictions about disclosing it. Your current salary is just one factor to consider.
Do some research to determine the going rates for people in your profession, at your level of expertise and in your area. This salady, your request will be in line with market demands.
Doing salary research is especially important if you plan to change careers or return to the workforce after being a stay-at-home parent. When you failing to research in advance, you could risk undercutting your ability to how to write errata the best possible salary for yourself.
If you set the mark too high, you are unlikely to even xalary it to the interview phase.
If your new position will require you to relocatetake the changing cost of living into consideration. Check local job listings and salary statistics.
Why Do Employers Ask for Salary Requirements?
Or use a salary calculator to determine which figure you should aim for to live comfortably in the new location. On the other hand, it can also be good to share that your requirements are flexible.
This is especially true if fo are unsure of what the perks and benefits of your position will be. You can always write something like:.
However, that may change depending on the benefits package that is offered. Some employers want to know the exact amount covr money that you are making. Others want a range.]