Key Points
Charu Kunwar, Executive Director and Group Head, Human Resources, Lighthouse Canton, a provider of wealth and asset management services, says whenever there is a new role requisition, the job description should clearly state the salary range..
Therefore, this question should be asked much later in the hiring process when the hiring manager has decided that the candidate is a good fit for the role they are looking for...
Most candidates in the junior-mid-level roles answer this question by asking for a 20-25% increment over their current salary, says Kunwar..
Though salary is a very important factor when an individual accepts a new job opportunity, Kunwar says organisations look for candidates who can join for the role on offer and not just for the pay..
Irrespective of the role, Kunwar says that the ideal response to this question would be to let the recruiter know about the current compensation range..
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