Writing an impressive cover letter and resume are of crucial importance while applying for jobs. Learn how to write an effective cover letter and resume keeping, while keeping some vital…
Golden Tips for Addressing Salary Requirements in a Cover Letter
A cover letter for a job application is the first document that reaches a ‘to-be-employer’. Therefore, as a job seeker, it becomes necessary for you to pen down some of your essential information, and give the employer an overview of what you are and what you exactly intend to do in the organization? One such important aspects of the cover letter is the salary requirement.
Apart from educational qualifications, experience, and knowledge, the salary requirement of a candidate is one point an employer looks for. Normally, salary requirements should not be written in the cover letter. However, it is always better to include it if the employer asks to do so, and sometimes, not mentioning it might lead to the rejection of the job application, no matter how intelligent and qualified the candidate might be.
Mentioning the exact salary requirements might be simple for experienced individuals. However, many young and first-time job applicants are confronted with the dilemma as to how to put it properly in a cover letter. Here’s some help.
|Determining Your Salary Requirement
Of course, money is such a thing with which we would never be satisfied, and we would like to quote a very high amount. However, this is the corporate world. Therefore, think wisely and logically before quoting your salary requirement. At the outset, conduct a market research and know the current salary ranges for the position you’ve applied. If you have enough knowledge regarding the level of duties and responsibilities involved in it, then consider them as well. Think about the size of the organization; whether it is a small-scale firm or a multinational! Think over your qualifications and experience; whether your assets are worth your salary requirements, or are you just quoting it blindly! Remember, your application might get rejected if the employer finds your salary requirement too high or unreasonable.
Putting it on the Letter
State Your High Expectations From the Organization
Employer’s name/ Organization’s name
Dear (Employer’s name)
With reference to your advertisement, dated (mention the advertisement date), posted in (mention source’s name), I would like to apply for the post of (mention post name) in (mention organization’s name).
I hold a long experience of almost (mention the years/months of experience), in (mention the duties and responsibilities you’ve handled in the course of your experience). I have (mention your soft skills).
Apart from a being a reputed name in the global market, I have known (mention organization name) as a good pay master, offering fair salaries to its employees. So in response to your request, my salary requirements according to the job details provided by you are, (mention the salary range). However, the salary is negotiable and I am open to a discussion with you in this regard.
If I’m given a chance to work in the organization, I would utilize my potential to the fullest and contribute superlatively to the organization’s success and growth. Looking forward to your reply.
If you have a better idea over quoting your salary requirements, you can implement it in your cover letter. However, make sure that you consider everything, research properly, and only then make a statement.