Is money important to you?
Is money important to you?
Why the interviewer is asking this question:
The interviewer is looking for your prioritization of money in your decision making, not only for accepting the role itself, but as a future consideration for whether or not you can be retained. This question is usually asked by employers who tend to pay less than average or at least less than the leaders in the industry, yet offer other benefits. It is also asked by employers in lower cost of living areas who cannot pay the same salaries as employers in higher cost areas.
The best approach to answering this question:
Money is important for everyone and you should not reject its importance outright. But you should not make it your first priority. As you will come to learn in your career, opportunities for growth and advancement, in the long run, are far more important for your career development.
An example of how to best answer this question for experienced candidates:
"Money is important to me in that it both reflects the value of what I am providing as well as taking care of my personal and family needs. That said, it is not the most important driver for me in my career. Opportunities for growth and advancement are far more important to me over the long run. Can you give me some examples of the growth path others have achieved in this role?"
An example of how to best answer this question for entry level candidates:
"Yes, money is important to me, since it’s both a measure of my value and it helps me to take care of the personal needs in my life. But the opportunities for growth and advancement which would be offered to me are even more important to me than money as I grow and succeed in the role. Can you give me some examples of how others in this role have advanced in their careers over time?"
An example of how you should not answer this question:
"Yes, money is the real key for me. It’s how I’m measured in my work. Everything I do revolves around how much money I make. If I’m doing a great job, I expect to be paid for it. If not, I will move on to another employer who values me higher. In fact, that’s why I’m here talking to you today…"
About the author: Brian Krueger founded CollegeGrad.com in 1995 and is the former Vice President of Global Talent Acquisition at Amazon.com, where he led a global team of more than 100 recruiters. He is the author of College Grad Job Hunter, the best-selling entry level job search book, and has interviewed more than 10,000 job candidates over a 20-year hiring career at Fortune 500 companies. He wrote the interview advice on this page.
Interview questions vary by field. See what the job actually involves, what it pays, and what employers expect: browse career profiles for 700+ occupations, or jump to the most-searched: Registered Nurses, Software Developers, Accountants, Physical Therapists, Teachers.
Similar interview questions:
How much will money weigh into your decision on accepting a new role?
What is most important to you about making a career change?
Is salary a motivator for you?
Would you rather earn a lot of money or have a job where you can grow and advance?
Further review: know the answers to these Common Interview Questions to be fully prepared for your interview!