What's the best way to state your expected salary requirements? Include it in the cover letter! Read more on how to add salary requirements in a cover letter.
Listing your all your skills and dexterity in a single cover letter seems incomplete without mentioning exactly what you want the employer to know! Whether you agree or not, most people look for a job that pays them a salary worth their efforts. So, what’s wrong in asking for it? It is a common belief that you must never mention your salary unless explicitly requested for. The fact is that you must mention salary required in a letter to make things clear beforehand. But, this must be done with careful precision. If an employer feels you are demanding more than your credentials then you could very well be disqualified for the job. Chances are that if you ask for a low salary, you run the risk of getting only that much! Remember the job profile and your educational background while contemplating how much is the right amount. One of the most important tips given to job hunters is never to say a particular figure, instead give the employer a range. For example, rather than saying you want Rs.15500; a range of Rs.13000-16000 would be better. There are a number of ways to deal with this particular issue and the following section can help you mitigate related perils! Read on to know how exactly you can use your etiquette and convincing powers in these money matters.
How To Write A Cover Letter With Salary Requirements
Before starting to draft the cover letter with salary needs, review the points given below:
Don’t start writing yet! If you are determined to get hired then make sure you do the hard work. If an application asks for your opinion on how much you should receive as a salary then you must include it in the cover letter, without fail. Read about the company and the current recruitment policy to get an idea. Don’t forget to look through what other people in your position/career status are drawing in the industry.
Salary varies from place to place. You cannot compare salaries of different countries and ask for the same! Cost of living determines how much you earn. Keep this in mind while conducting your investigation.
As mentioned earlier, it is important to mention a flexible range so that the employer is not thrown into a dilemma whether to keep you or not. By giving a range, you open doors for negotiations. Again, this doesn’t mean you have the liberty of giving any vague amount. Be practical and make sure you and your potential employer are on the same platform. Using appropriate figures gives the impression that you know what you’re talking about and not simply stating a random number.
- In case you are not really looking for a job with money in mind, then you could write a statement like this – ‘This job posting has asked for salary requirements but since I am flexible and eager to learn more about the position, I am flexible with the salary too’.
- If you are confident of your selection since the description of the job suits your experience then you might even decline the request to mention salary. What you can include is: ‘I believe that I am capable of the post and would like to discuss the salary in person rather than in writing’.
Sample Cover Letter With Salary Requirements:
*Address of the Employer*
Dear Ms. /Mr. *insert name*
I am privileged with an educational background of a Masters in Bioscience and have also worked for 1 year in my previous company. My experience in the field of biotechnology and specialisation in cell line development has brought me to this organization. I have noticed that your company is in accordance with my interests and that encourages me to look for a career here. I consider myself benefitted with the right skills and knowledge which would work towards achieving the aims of your institution.
As per the appeal, an acceptable salary range based on several factors and my research is *insert range*. My requirements are flexible and negotiable but my main aim is a job opportunity that suits my qualifications.
References will be provided on further request.
*Name of sender*
Remember, a covering letter must be precise and to the point. Although it is the most obvious and boring part of a job hunt, it is almost inevitable. So, pull up your socks and do your bit of study before drafting the cover letter.
Your cover letter needs to be addressed to a person to whom you are sending your resume. But what if there is no name? Oops...you might need a little help there. Read on for all the help on the matter.
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When you are requested by a potential employer to include your salary requirements in your cover letter, be prepared by knowing your worth. Using your knowledge around what salary is commensurate with your skills and experience will give you an edge in writing your cover letter.
However, you may occasionally find during your job search that a potential employer will require you to include your salary requirements in the initial cover letter. Typically, this request is designed to ensure that the employer is only considering candidates whose salary requirements fall within the range they have budgeted for the role.
In this instance, there is no way around it: you must include a salary range in your cover letter. But how do you make a cover letter that mentions your salary needs without eliminating yourself from the position right out of the gate? Read our example cover letter with salary requirements below, to get some ideas on how you can write your own.
And for more about negotiating your salary, check out our article Salary Negotiation Mistakes to Avoid, which explains how to negotiate the best salary possible.
Example Cover Letter with Salary Requirements:
Dear Ms. Kindig,
My varied customer service and training experience, along with my extensive educational background, make me an ideal candidate for the corporate trainer position posted in the Careers section of your website. Much of my previous work experience has been in customer service, and the tools and techniques I have learned from this industry transfer directly to the skills outlines in your job post, including effective written and verbal communication, facilitating group discussions, problem solving, developing rapport, organizing, meeting goals, and managing groups.
My extensive educational background, bachelor’s degree in marketing, and postgraduate work in teaching and counseling will help me add new perspectives and ideas to your department. I know I can be a key player on your training team, and I would like the chance to prove that to you.
Per your request, an acceptable salary range for this job, based on the description and my research, is 50-55K, not including benefits or supplements. My requirement is flexible and negotiable, depending on such factors as additional benefits, the opportunity to earn bonuses, and opportunities for advancement. Thank you for your time and consideration.
For more information related to salary and salary negotiation, check out our article Salary Negotiation and Job Offer Tools and Resources for Jobseekers.
Other Free Sample Letters for Job Seekers Include:
Free Jobseeker Sample Job Search Letters
Free Jobseeker Sample Thank You Letters
Free Jobseeker Sample Letter: Accepting a Job Offer
Free Jobseeker Sample Letter: Declining a Job Offer
More Helpful Cover Letter Resources:
Cover Letter Examples
Cover Letter Builder
How to Write a Cover Letter
Cover Letter Samples