Including Salary History In Cover Letter

Including Salary History In Cover Letter-64
The best and most appropriate place is in your cover letter.

Yet, some ads will require that you provide “salary history” or “salary requirements” with your resume submission.

This indicates that the salary budget may be more fixed, and that salary requirements may be a major factor in the mind of the hiring manager.

Most companies will have an established salary budget for any available position, but these budgets can be flexible, depending on a particular candidate’s unique skill set and offering.

For example, a candidate who brings unique skills to the table, skills that can be utilized and will benefit the company (outside the duties already established for the position), may see the budget range broadened to include these skills and their potential benefits.

This doesn’t mean the budget isn’t flexible, just that it may be less so – initially.

What to do when a job ad requires that you provide this information?You should never include your salary history or your salary requirements in your resume.Revealing this information when it is not specifically requested puts you at a bargaining disadvantage in terms of your salary.If you don’t know what the location averages are for individuals in your position, it’s time to do some research.Talk to local recruiters or other hiring managers from companies in the industry. Utilize salary calculators online - I have a list of great ones on my Career Resources page.Employers can be convinced to pay a new employee more than they had originally planned if the candidate’s resume, interview and other communications make a strong impression.So, if an employer or recruiter requests a salary history/requirement, where does it go and how do you handle it?For more information on salary negotiation, see Salary Negotiation Skills - For Navigating The Tough Terrain.This article will also give you good resources for researching pay scales within different positions and at different locations.In my current position, my annual salary is ,000 annually.However, salary is not my main motivation; I am open to any combination of salary and benefits for the right opportunity.” As for your salary requirement, you can include it in your cover letter if you wish, but it’s in your best interest to avoid being the first to name a dollar amount.


Comments Including Salary History In Cover Letter

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