Description
In your previous experiences, what expectations did you have regarding earnings or compensation, and how did those expectations align with the reality of the role?
1. Salary Knowledge : Demonstrates awareness of industry salary standards and personal value within the market.
2. Realism : Shows the candidate's ability to set realistic expectations based on their skill level, experience, and the role they are applying for.
3. Negotiation : Reflects on understanding one's worth and the ability to advocate for appropriate compensation.
4. Financial Literacy : Illustrates financial awareness and literacy in terms of personal budgeting and compensation expectations.
1. Compensation Alignment : Assess if the candidate's salary expectations align with the company’s pay structure for intern roles.
2. Value Assessment : Gauge the candidate’s understanding of their own value in relation to the position.
3. Expectation Management : Determine whether the candidate has researched and has realistic expectations of earnings at an intern level.
4. Fit and Satisfaction Potential : Predict how likely the candidate's expectations are to match the company offer, contributing to overall job satisfaction.
1. Industry Research : Ensure that you have done your research on what field engineering interns typically earn.
2. Value Justification : Be prepared to justify your expected earnings by correlating them with your skills, experiences, and the value you bring.
3. Professional Standards : Stress that while compensation is important, it is equally important to adhere to professional standards and growth opportunities.