How to Respond to "We're Concerned Your Salary Expectations Exceed Your Current Value"
How to Respond to "We're Concerned Your Salary Expectations Exceed Your Current Value"
Problem Description
During salary negotiations, an interviewer might say, "We're concerned your salary expectations exceed your current value," implying they believe your skills or experience don't match your salary request. This skepticism might stem from a conservative assessment of your past achievements, skill level, or potential contribution to the role. You need to address their concerns with well-reasoned responses while defending your salary expectations.
Solution Process
Step 1: Stay Calm and Avoid Confrontation
- Purpose: Demonstrate professionalism and prevent the negotiation from becoming an emotional argument.
- Specific Actions:
- Respond calmly: "I understand your consideration, thank you for bringing this up honestly."
- Avoid directly contradicting the other party (e.g., "You're wrong"), and instead focus the discussion on objective facts.
Step 2: Ask for Clarification on Specific Concerns
- Purpose: Identify the root cause of the interviewer's doubt to tailor your response.
- Specific Actions:
- Ask: "Could you please specify which aspects make you feel my value doesn't match the salary?"
- For example, they might think you lack certain key skills or underestimate the complexity of your past projects.
Step 3: Use Data and Case Studies to Prove Your Value
- Purpose: Counter their cognitive bias by quantifying your achievements and detailing specific capabilities.
- Specific Actions:
- Highlight Unique Skills: List core competencies highly relevant to the position (e.g., "The XX project I led reduced costs by 20%").
- Compare Market Value: Reference industry salary reports or compensation ranges for similar roles to show your expectations align with market standards.
- Demonstrate Future Contribution: Explain how you will address current company pain points (e.g., "My experience in XX can help the team improve efficiency").
Step 4: Link Salary to Future Performance
- Purpose: Reduce the other party's perceived risk by showing willingness to prove your value through tangible results.
- Specific Actions:
- Propose a performance-linked plan: "If adjusting the salary immediately is difficult, could we set up a 3-6 month performance review period? We can renegotiate the salary upon achieving the goals."
- List quantifiable performance metrics (e.g., "Complete the launch of the XX project," "Increase customer satisfaction by 15%").
Step 5: Emphasize Comprehensive Value Beyond Salary
- Purpose: If salary negotiations reach a deadlock, bridge the gap with other benefits to maintain negotiation flexibility.
- Specific Actions:
- Inquire about the possibility of improving stock options, training resources, or promotion opportunities.
- For example: "If the base salary needs gradual adjustment, could you offer more support in terms of year-end bonuses or career development?"
Key Considerations
- Avoid Self-Doubt: Do not easily lower your core demands due to the other party's skepticism; instead, use evidence to support their reasonableness.
- Prepare a Value Inventory in Advance: Before the negotiation, organize your core skills, project achievements, and market salary data to be well-prepared.
- Observe the Other Party's Reaction: If they persistently deny your value, assess whether this reflects the company culture or the role's actual budget, and reconsider the opportunity if necessary.
By following these steps, you can both defend your own worth and demonstrate a cooperative attitude, increasing the likelihood of reaching a win-win agreement.