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Salary Inquiries
How to Appropriately Handle Salary Inquiries
If you are a part of business or corporate team that is seeking
a new employee or employees, you may have found yourself
somewhat under siege. With the job market as it is today, if you
have advertised an open and available position to any extent,
you likely are inundated with resume submissions and inquiries
of different types. In this regard you certainly are receiving
salary inquiries. The key to ensuring that your entire
recruitment process runs smoothly is to make certain that you
handle salary inquiries appropriately. There are some steps that
you and your business enterprise can take to establish an
appropriate regimen to deal with salary inquiries.
The first rule of thumb when it comes to managing salary inquiries is to not provide specific or definite salaries figures. Of course, with the job market being what it is today, a business normally will need to provide a broad range of the salary that will be attached to a particular position within the firm or company. But, in responding to salary inquiries, an owner, operator or manager or a business venture should never go beyond the general spread.
Some businesses take the very simply approach of responding to salary inquiries by simply stating: “Salaries are commensurate with your experience” or something to that general effect. While this is an appropriate response inasmuch as it does not lock a business down to a precise figure, it has become a problematic response in this day and age. In a growing number of instances when a prospective employee receives such a reply to a legitimate salary inquiry, that individual might either consciously or unconsciously move that particular business to a lower point on his or her own list of prospects and below those companies that have at least provided a broad potential salary range. In other words, if your own business provides such a singular response to salary inquiries you might lose out on the ability to hire a truly talented individual that very well may have been a good fit for your firm or company.
By utilizing executive search firms to assist you in the
recruitment of potential employees for your business you obtain
the experience these professionals bring to the table. Generally
speaking, these executive search firms have developed solid
mechanisms through which they appropriately can respond to all
manners of inquiries, including salary inquiries, that are
commonplace when a business is seeking talented staff.