Salary ranges?

Discussion in 'Employment & Jobs' started by delorean, Mar 30, 2009.

  1. delorean

    delorean Megabyte Poster

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    Maybe somebody here can answer this one for me. I've always wondered why some job adverts show a salary range instead of just one figure (or no figure at all sometimes).

    Maybe this should be on Mythbusters but I've always been told if you go for a job where the advert shows a salary range that you are more likely to be offered the lowest number on the range or, at best, somewhere in the middle.

    The reason I have been led to believe over the years is that the salary range is shown to give prospective applicants an idea of the pay scale they will acheive over the years (ie: with mandatory annual salary increases etc).

    Can somebody actually clarify this please? Or, is the above just a myth and that the salary range is actually showing you (depending on your experience) what the company will be prepared to negotiate for that position?

    Anyone got an answer for this one?! :blink
     
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  2. Gingerdave

    Gingerdave Megabyte Poster

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    I think the adverts just take the supposed average wage (yeah right) and move it up 5K or 10K and then advertise that to get people in.
     
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  3. Fergal1982

    Fergal1982 Petabyte Poster

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    The range will be the range approved by the Directors for that particular vacancy. They display it so that people who are already earning above that wage can not waste their (and the company's) time applying for a job offering too little.

    However, If I had a job for 25k-30k, and only posted a single figure - lets say the midrange salary: 27k. This does two things.

    1) Anyone applying for the job will expect 27k if they are offered the job. If I want to hire the person, but dont think they are quite at the required standard yet, then I would want to offer 25k, causing all sorts of issues.
    2)Anyone currently earning 28k is unlikely to apply, even though the job might be perfect for them. I could lose out on the perfect candidate because, although Im willing to pay up to 30k, I've only advertised 27.

    The salary range is there to tell you the expected range of the successful applicant. The value you are offered is determined (within that range) on your experience (and to some extent, your current salary/salary expectations).
     
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  4. Metalstar

    Metalstar Kilobyte Poster

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    It probably varies greatly by employer so there is no set formula for these things. At my last job, which was not in IT, I applied expecting to get the lowest from the salary range in the ad. They ended up offering me the maximum!

    I've had friends tell me they have hopped around to a few jobs and have always been offered the lowest in the ad.
     
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  5. TimoftheC

    TimoftheC Kilobyte Poster

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    Yeah, some employers do this - I have seen IT jobs with a salary ranging from 16,000 all the way to 25,000 for the same job. I think some employers want to be flexible in their hunt for a new employee as they are not always certain whether they want someone at the top of the scale or someone with good potential that they can train up.

    In the UK, a lot of Public Sector positions have a very rigid salary scale and it is the salary scale that they advertise. For the most part, they will look to start new employees at the bottom figure, irrespective of their age, ability, etc etc. At least, that's been my experience so far.
     
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  6. Kitkatninja
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    Kitkatninja aka me, myself & I Moderator

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    The salary range is done for pay progression. Say you applied for a job £25k-£30k pa, you would start anywhere within that range, but on an annual term either be assessed to move up a point (in other words assessed for more money) or be automatically moved up a scale point (gain extra money automatically) until you reach the top of your pay spine. This is different from the cost of living increase.

    If you applied and got a job at £25k, apart from the annual cost of living increase, you will stay at £25k plus cost of living. No room for pay progression, unless you constantly argue for a pay raise.

    The job that does not show a figure either:
    1. Does not know how much they want to pay so will get current salary pay from prospective employees and then make an offer or
    2. Know what they want to pay but do not want to advertise it due to:
    a. The salary is below the typical salary for that position or
    b. They do not want to advertise the salary as they do not want to let they competition know or get prospective employees only due to the salary.

    *I do not know if all sectors get the cost of living increase.

    -Ken
     
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  7. delorean

    delorean Megabyte Poster

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    Gotcha! It's pretty much as I thought then. One thing I have learned is to turn down any questions regarding salary until they say the figure first.

    Thanks for all the great input everyone! Makes things a lot clearer now. :)
     
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  8. BosonMichael
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    BosonMichael Yottabyte Poster

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    Absolutely this.

    Repped.
     
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  9. JonnyMX

    JonnyMX Petabyte Poster

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    Like the guys have said - usually a salary in an ad will be tagged with 'depending on experience'.
    But within a company structure each job will be assigned a salary bracket which will apply to any internal or external people who do that role.

    It's a case of 'this is what the role is worth to us'. If you can't command the minimum salary, you aren't ready for the job. If you should be earning more, you're ready for a promotion to a more senior position.

    That having been said, as with most corporate things, this usually turns to rat-**** in real life, when secondments and bonuses, red circling and re-structuring mean that it is quite possible to fall outside those brackets or even be paid more than your own boss.

    :blink
     
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  10. dazza786

    dazza786 Megabyte Poster

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    resurrecting the recently deceased... :P
    what's the best way to handle salary questions in an interview?

    '..how much were you/are you currently earning?'
    '..our salary band is x-y... how much are you looking for?'
    etc
     
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  11. Gingerdave

    Gingerdave Megabyte Poster

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    I can only tell you how not to do it which was what I did for this one, they asked what are you on right now and what are you expecting.

    I answered my current wages plus travelling I would be happy.

    As it turns out they offered more then that, but I think I was lucky.
     
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  12. BosonMichael
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    BosonMichael Yottabyte Poster

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    Depends on how badly you want the job and how much of your "hand" you are willing to show. If you are fairly certain that you know what your fair market value is, I believe there's no harm in stating your expected salary range to a potential employer. If you're willing to work for the lowest figure of the salary range, then you'll be satisfied. If the employer has more money budgeted for the position than you have requested, then you become MORE attractive to the employer - and if you're hired, the employer wins AND you win. On the other hand, if the employer has LESS money budgeted for the position, then they're either going to have to find someone capable who WILL work for what they've budgeted or they're going to have to increase their budget to get someone capable.

    Either way... what have you lost?? Nothing... they'll either pay you what you require, or they weren't going to pay that much anyway.

    Certainly showing your hand weakens your position, because the employer MIGHT have offered you more money if their budget exceeds your range. But is your goal to maximize your salary, or is your goal to get a fair wage and make yourself look MORE attractive to employers, thereby increasing the chance you'll get hired? I typically opt for the latter... and my salary hasn't hurt for it!!
     
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  13. Sparky
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    Sparky Zettabyte Poster Moderator

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    None of your business...

    ..... y+benefits. :biggrin
     
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  14. Phoenix
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    Phoenix 53656e696f7220 4d6f64

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    y+benefits? you settle to short dear fellow

    z+benefits!!! :)
     
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  15. Sparky
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    Sparky Zettabyte Poster Moderator

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    lol! :biggrin

    credit crunch and all that though... 8)
     
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  16. Phoenix
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    Phoenix 53656e696f7220 4d6f64

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    ahh credit crunch smchedit scmunch

    People get what they pay for, and having one bad ass tech is worth the price of two incompetent techs and the consulting to fix the mess they may make
    I've never had trouble getting the salary i expect, i assume due to the fact I know what the frack i'm talking about, and can get that across in an interview with various level people :)

    Aim high, if they knock you down to y+benefits you have lost nothing ;)
     
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  17. Sparky
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    Sparky Zettabyte Poster Moderator

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    Well said there mate. :thumbleft
     
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  18. BosonMichael
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    BosonMichael Yottabyte Poster

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    Pfft! z+benefits+1!!! 8)
     
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  19. Phoenix
    Honorary Member

    Phoenix 53656e696f7220 4d6f64

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    z+benefits+∞ !!!!1!!11!!!!1!!!!!!

    +1
     
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  20. Modey

    Modey Terabyte Poster

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    Damn it!! I knew I should have held out for better than a+benefits! :)
     
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