Quick Answer: What Is Your Compensation Requirement?

What does it mean minimum compensation requirement?

Minimum compensation means the minimum wage in addition to tips actually received by the employee and reported to the Internal Revenue Service, and money paid by the employer towards an individual employee’s medical benefits plan; Sample 2..

What are your compensation expectations mean?

This means that the salary they expect to pay for a certain position may be lower or higher than the going rate. Another possible reason is that they’re trying to see how you value your work.

What should I put as my desired salary?

The best way to answer desired salary or salary expectations on a job application is to leave the field blank or write ‘Negotiable’ rather than providing a number. If the application won’t accept non-numerical text, then enter “999,” or “000”.

How do you write salary expectations?

Here are the most common tips for including your desired salary expectations in a cover letter:Don’t be direct about your desired salary. … Offer a salary range rather than a hard number. … Tell the employer that your desired salary is flexible.

What are your salary requirements best answer?

You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I’m sure we can come to an agreement on salary.” This will show that you’re willing to negotiate. Offer a range.