What should you list under the "minimum salary requirement" on a job application?

If you know full well that the market rate for a specific job is $70k a year but the minimum you would accept personally is $50k. Should you list $50k+ on the "minimum salary requirement" section? If you do this and get called in for an interview, will the hiring person offer you the $50k salary knowing full well it is a lowball offer for the job? If you put $35k, will the hiring person offer you $35k?(and etc.)

What would you list on the "minimum salary requirement" for the specific job above that has an average salary of $70k a year and why?

Comments (18)

Feb 28, 2017

I would put zero, my logic being that if you put a number down then they already have a bargaining point for where you will accept. Why would they offer you 70, if you just said you would take 50? Putting zero means you can go into the discussion and use your data points to say "while the market average for someone in this position is X, I believe I am worth Y (insert number greater than X here)."

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Feb 28, 2017

Whatever I am making now if I am that into the new position. Otherwise, now+10%. What I have trouble with is the max salary.

Best Response
Feb 28, 2017
Ehmerica:

What I have trouble with is the max salary.

...? I have literally never seen an application where they ask what 'max' salary you'd accept. How does that even make sense?

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Feb 28, 2017

Exactly! I saw it when I was first applying out of school.

Feb 28, 2017

$3.50

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Apr 11, 2017

You've been posting a lot of questions on the forums..

Apr 11, 2017

If you were planning to put 0.00 and it doesnt let you do that, wouldnt it be a good idea to try to put 1.00?

"Every man should lose a battle in his youth, so he does not lose a war when he is old"

Apr 11, 2017

If you're applying for a grad scheme it makes absolutely no difference. You will get the standard salary.

Apr 11, 2017

I just put in a generic value for the application. Don't remember exactly. Anyway, the offer they gave was what I am guessing is the standard summer associate salary and does not seem anyway correlated to the salary value I gave. Hope this helps.

Apr 11, 2017

"Comparable with similar positions".

Apr 11, 2017

It is best to answer the salary requirements as truthfully as possible. Indicate the amount of salary that you are expecting to receive. In that way, you might even be able to negotiate with the salary that you wish for.

Apr 11, 2017

Yeah that makes a lot of sense. Thats the way I went about it. Said I would like to recieve "XXX" but willing to negotiate...

Hey it seemed to work I got asked to go interview.

Thanks

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Genius is hitting a target no one can see.

Apr 11, 2017

I'd say it all depends on your personal needs. If you are desperate, get on the lower side. If you don't care for the job or have more options, put a higher one. Otherwise if neutral, estimate the market price.

Oct 31, 2018

Always put down 000000 or variation thereof on initial application (or even better try to write down negotiable). In the comment section put down, "salary is negotiable". This is first round of interview and they want to knock you out by any means. Whoever gives the first number always loses in negotiations.
Do your research and ideally discuss this question upon receipt of an actual job offer.

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Nov 16, 2018
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