Should
I Include My Salary Requirements In My Cover Letter?
In most normal cases, you should not include your salary
expectation in cover letters unless you have very good reason for doing
so. This may be when a recruiter contacts you after seeing your resume
somewhere, such as an online job board. In this particular case, then
it is okay to reveal your salary expectations early, in order to avoid
wasting your time and theirs. However, barring this one difference,
you should just write the cover letter as you normally would.
Why Shouldn't I Include My Salary Requirements In Every
Cover Letter?
Writing salary expectations without first being asked
for them can possibly make you look like someone who: a) jumps in without
thinking or b) is desperate. If you include your salary requirements
on the cover letter, you take the chance of the figure being either
too low or too high. In the first case, the company will save a lot
of money, particularly if you have the skills that the employer is looking
for (and you will be giving your skills away). In the latter, you will
potentially spoil your chances of being called for an interview if the
figure is too high, yet you are willing to negotiate in other areas.
If you genuinely feel that you should include your salary
requirements, then by all means do so. However, you need to do this
with a bit of finesse; you have to do it in such a way that you won't
be pigeonholed into a particular figure. One effective way to do this
is to employ the "range technique". You'll have to do some
research and provide a range, beginning on the low end and ending on
the high end. You can write something like, “Here is my salary
expectation as required, which I believe will fall into the prevailing
salary range for the position”. You should also indicate that
you are willing to negotiate. Writing a full paragraph or not sufficiently
researching the prevailing salary in the industry may create an odd
impression, which will probably work against you.
There Are No Guarantees
Providing your salary requirement is not a guarantee
in itself of anything, let alone a hiring decision, so don’t ask
for a figure that is obviously higher than the industry standard. However,
asking for too small a sum can fail to project you as a mature professional
with overall awareness and one having good negotiating skills. All positions
advertised will have salary ranges predetermined and asking candidates
to specify them is really to find out whether suitable candidates fall
within the range. The final salary depends on how much a particular
employer is willing to invest in you, your history and how you can contribute
to the company. Nonetheless, the final figure still rests within a predetermined
range, barring extreme cases where you can strongly justify your case.
In general, you should be reasonable with salary requirements
and take care not to let the entire cover letter circle around it alone
– if you decide to include it at all. Be polite and matter-of-fact
when writing it, as the company could be asking because of difficulties
the company ran into due to someone over-qualified who asked for an
out-of-the-range salary.
One thing that you should remember when faced with the
"salary requirement question" is that companies do expect
you to negotiate. Don't disappoint them.
Article by:
Heather Eagar is a former professional resume writer
who is now dedicated to providing job seekers with resources and products
that promote job search success from beginning to end. If you need cover
letter examples and tools, go to www.NothingbutCoverLetters.com