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Salary expectations, shall we just get a pin?

2

Comments

  • He should put his expectations, it really isnt a trick question.

    Candidate says how much they want, you review the CV and guestimate the amount you'd be willing to pay them. If its miles a part you probably dont invite them to interview, if they want massively over the going rate you probably dont invite them, if they want massively under the going rate is a bit more tricky to deal with.

    Have a look online for other similar jobs near by and see what the salary range is being advertised and use that as a base. Pay rates can vary massively differently between countries
  • Savvy_Sue
    Savvy_Sue Posts: 47,847 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thanks everyone. My background is in jobs which have a set scale: you'll be somewhere on the scale, and you're likely to start on the bottom, but the job will be advertised with the scale, so if that's not enough there's no point applying. If you want more after a while, you argue for a job re-grade, or you move on. Simples.
    For a new graduate I would expect 20 to 25 k start. Higher end with a good degree result. Can't advise re overseas but would think he should be able to do some research. From my perspective it's an alignment question. As an employer I will have a budget range , say 20 to 30k for a job. If an interviewee is looking for 75k then we're both wasting our time. If they're exceptional I might be able to go one or two k over my original budget, but would expect most candidates to fit my range.
    Thanks, that's very helpful.
    Firstly, if he has a student loan, he may wish to receive the maximum salary possible BEFORE he has to pay the loan back (assuming that by living & working in The Netherlands, he hasn't already managed to avoid making any repayments).
    I think that if he's living abroad, he'll be expected to make payments, or at least keep in touch with them. But the suggestion of staying under the radar for SL repayments isn't a bad one!
    Secondly, maybe he can do some research through employment agencies etc to find out what the starting salary for comparable jobs here in the UK.
    He has done some research, but he doesn't yet have a list of 'jobs I have applied for, what the salary was or what I asked for, what the result was'. We're still at the stage of 'these companies sound interesting / are recruiting, what shall I do with my CV?'
    Thirdly, he really needs to find out what the usual salary offered in The Netherlands is, the rates of income tax NI etc, as well as the costs of living. I mean, £15k in the UK may be acceptable, but in The Netherlands such a salary could possibly leave you destitute.
    Yes, that's a VERY good point! Especially coupled with DKLS's point about tax.
    However, I am sure all these points have already been thought of/suggested/acted on etc.
    :rotfl: thought of - yes. suggested - yes. acted on - maybe less so ...
    DKLS wrote: »
    I would say 35-40k euros as an opening bid but check what tax scheme you will be on, as the Dutch are taxed to high heaven, but get a big chunk back if they have a mortgage.
    Hugely helpful, thanks. Not sure he will be wanting a mortgage JUST yet ...
    He should put his expectations, it really isnt a trick question.
    That's the problem, I seriously don't think he knows what his expectations are! Enough to be able to leave home, which obviously working in Amsterdam or Silicon Valley (his first choice) would require.
    Have a look online for other similar jobs near by and see what the salary range is being advertised and use that as a base. Pay rates can vary massively differently between countries
    His research so far has led to the discovery that there is an Amsterdam in New York, as well as the one in The Netherlands! :rotfl:

    We'll get there, I know we will. It's just all new to him, and quite new to me!
    Signature removed for peace of mind
  • westv
    westv Posts: 6,608 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    CKhalvashi wrote: »
    There are a range of factors on salary points and staff, and it's been known for me to start new graduates on both E2/R2/M2/A2 (depending on department). We have point '0' at £1500 less than point '1', too, which I've also been known to start those with experience.

    Is secret code in there? :D
  • Savvy_Sue wrote: »
    DS2 is job hunting after graduation.

    Today he asked me "What are my salary expectations?"

    As if I'd know what a 1st class Maths grad from a top Uni should expect to be earning! :rotfl: Especially as the job is in Amsterdam ...

    Going rate in Cambridge is £25-32K for such a candidate in IT. For something like museum curation/journalism though the going rate seems to be £0-15K because people are expected to work for free...

    Glassdoor.com is international so you could try and see if anything in similar industries in Amsterdam.
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    westv wrote: »
    Is secret code in there? :D

    Nope

    Events - £18000-£72000
    Recording £22000-£96000
    Management £18000-£120000
    Administration £18000-£48000

    + Performance related bonus, of course....If you work your backside off, somewhere in the top 3 bands £40k is possible in year 1 and £60k is possible in year 2.

    CK
    💙💛 💔
  • Savvy_Sue
    Savvy_Sue Posts: 47,847 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just thought I'd update.

    I don't think he heard back from Amsterdam, or from a handful of other 'interesting' jobs he applied for.

    Then he was invited for an 'informal chat' in London. Ignored what we said about dressing for an interview and NOT wearing jeans ... and GOT THE JOB!!! :j:j:j

    £30K, without haggling. :eek: That's almost twice what I'm earning (although I'm only 4 days pw), and nearly as much as his dad gets for running a small charity! We're in the wrong line of work. Mind you his Dad knows that because he used to be a programmer.

    I suspect this exceeds his expectations.

    And I still don't think we're going to be kept in the manner to which we'd like to become accustomed. :rotfl:
    Signature removed for peace of mind
  • well done to your son Savvy_Sue, and to you too for supporting him through the process.
  • alsyp
    alsyp Posts: 7 Forumite
    Bit irrelevant but I liked this joke that was sent to me yesterday

    A guy goes to the council for a job. Interviewer asks 'Are u allergic to anything?' 'Yes, caffeine', he says. 'Are you disabled in anyway?' 'Yes', he replies, 'I wras in the army & a bombi exploded near me & blew my testicles off'. Interviewer - 'Ok your hired. Hours are 8 till 3 but you can start at 10 everyday'.Guy asks 'why 10?' Interviewer- 'this is a council job, 1st 2 hours we stand drinking coffee & scratching our !!!!!!!! so no point you coming in!'
  • dizzyrascal
    dizzyrascal Posts: 845 Forumite
    edited 17 October 2012 at 6:35AM

    I think that being a graduate, which uni you went to, whether you got a First or a Third, are only factors in getting the job. I don't know that employers then award higher/lower salary based on that. Does anyone really think that if a firm had 2 new graduate starters doing the same job that one should be paid more than the other based on their degree results?

    Agree with this. The degree grade/uni opens the door
    I don't think employers pay for the degree grade. What would happen if you took two people of different genders on for the same role but paid them a different salary? Could be a case for inequality.
    In 5 years time no one will care about the grade of degree anyway. It's only really relevant for the first one or two graduate jobs. After that your experience and professional qualifications have a greater focus.

    Congratulations on your son's job
    It is about right for London. If you look at the high fliers report (the clue is in the name) it says that 29k is the top salary but the data was taken 18 months ago.
    High Flyers Report
    Outside of London anything in the 24-27k would be good but many graduate schemes offer a little more for IT/Technical/Engineering degrees.
    BT offers £30,500 on their scheme Plus you get free phone and TV package
    There are three types of people in this world. Those who can count and those who can't.
  • Congratulations to your son!:j
    Cash not ash from January 2nd 2011: £2565.:j

    OU student: A103 , A215 , A316 all done. Currently A230 all leading to an English Literature degree.

    Any advice given is as an individual, not as a representative of my firm.
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