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With news that companies may soon have to publish salary ranges when they are hiring under new EU transparency rules, salary is definitely a hot topic in the world of recruitment!
When interviewing for a new opportunity, how do you navigate setting your salary expectations?
Know Your Market Value – market average salary information is key before you determine your salary expectations. This helps you understand where you sit on the market and benchmark your expectations based on your experience/qualifications relative to your peers. Chat with your trusted talent advisor – they are sure to have the insights you need.
Think Beyond Salary – what non-monetary, intrinsic benefits are important to you? i.e. work from home days, learning opportunities, or a career progression path.
The Bigger Picture – Sure, base salary is important, but what about the whole package? Would a bit less cash mean more work-life balance, like picking up the kids from school? Identify what your priorities are and it may open up more doors for you.
Be Upfront – Armed with market data and your priorities, set clear salary expectations early in the interview process. This ensures transparency and avoids wasted time for everyone.
More about Aoibhín…
Aoibhín Byrne is Business Lead of the Tax, Treasury & Practice division within Barden’s talent advisory and recruitment firm in Leinster. In this capacity, she specialises in guiding individuals through career transitions within the fields of tax, treasury, audit, and advisory, spanning both practice and industry sectors. Connect with Aoibhín on LinkedIn or at aoibhin.byrne@barden.ie