Cover Letter Tip #7
Salary Information
If at all possible, avoid listing any salary requirements in
the cover letter. Wait until a job is offered before negotiating salary, or in some cases, this is discussed in more depth in the interview.
However, in bad economic conditions, or for companies on a tight budget, they
may request that you include salary information in the cover letter (or at
least in the application). This can be a tough thing to handle, but the reality
is if the company has a tight budget that they cannot get around, and you want
more than they can offer, it is best to move on and not waste each others
time. It can be frustrating to get
to the point of a job offer only to receive a low offer, or to find that there
is not a fit based on salary. So if it is necessary to include your desired income in the cover letter, try and provide a range as
opposed to an exact amount (and if they provide a range in the job description
then just use a variation of that). Now when I say variation, don’t low ball
yourself. If the range provided is from $45,000 - $55,000 and you would like to
make $50,000, then give a range of $50,000 - $55,000.