Will not disclosing my salary history effect future job offers?

So to make a long story short i'm working for about 10k less than I should be for my position mainly due to my poor negotiation tactics and badly needing experience right after college since I had no IT internships. I knew the offer was way too low and after one attempt to renegotiate that was shot down I went ahead and took the job anyway for fear of the offer being re-singed considering they interviewed over 20 people for the position and god knows how many applications they got.
I've made the best of it so far and am not crying everyday about my salary b/c it's my own fault but I will be looking for a new job soon with acceptable pay, i'm kind of worried about the whole salary history process. Every job i've ever been interviewed for have always required my salary history. Obviously since I low-balled myself in my current job I don't want to disclose this information b/c I don't plan on taking below market value for a job again.
How can I handle this situation if they press for this information in an interview?
I've made the best of it so far and am not crying everyday about my salary b/c it's my own fault but I will be looking for a new job soon with acceptable pay, i'm kind of worried about the whole salary history process. Every job i've ever been interviewed for have always required my salary history. Obviously since I low-balled myself in my current job I don't want to disclose this information b/c I don't plan on taking below market value for a job again.
How can I handle this situation if they press for this information in an interview?
Comments
Infact, my current employer asked for it during the interview and I said "I'd rather not disclose that information." and they were ok with that.
If the application requries it put "N/A" or "Personal Information" or something to that affect. The bottom line is what you are making now has ZERO bearing in your ability to do this other job, the ONLY reason they want it is as a tool to low ball you.
+1 i agree.
If a potential employer gets really upset that you wont disclose your past compensation, you probably dont want to work there anyway. You may want to offer a salary range you are willing to accept in leui of your actual previous salary, just to make sure you and the employer are on the same page.
The following is going to seem funny but I am 100% serious.
Have someone give you a piece of candy, five dollars or whatever in return for not ever divulging the terms of your current salary. You will be then be contractually (oral contract unless you want to write it up) obligated to NOT disclose the terms of your current compensation.
On the Employment Application leave the salary blank. When HR,the recruiter, or hiring manager asks, tell them "I am very sorry but I am contractually prohibited from disclosing the terms of my current salary". You can then say "However, I can tell you that the broad salary range that I am looking for is X to Y depending on the details of the position and the benefits"
If the HR or other person keeps pushing state "I take integrity very seriously. I have a duty to honor contracts and safeguard potentially propriatary information".
I am indebted to a former coworker of mine that taught me this. In my case I have only ever had one HR person push back. I stuck to my guns and was still submitted to the hiring manager for an interview. In the case of my current job it was not an issue and my answer was immediately accepted at face value.
In the above exchange you do not ever lie. You keep the focus on what you are willing to accept (make sure the low end of the range is something you can live with and is appropriate for the position) but still leave negotiation room for salary, vacation, etc.
I can tell you that I am a hiring manager and I do ask prospective employees for their salary information. This is not because it is my right but because I can use it to adjust my offer as well as for market research purposes. It is never in your best interest to disclose your former salary whether you are underpaid, overpaid, or paid correctly.
Most of the time former employers will not divulge your salary and potential employers really shouldn't check with your current employer unless they are making an offer. I still state to the prospective employer that they only have permission to check with my current employer or perform other background checks if they have made me an offer contingent apon a successful background check/reference check.
I have also seen company's require a copy of a paystub, or W2. I have never had this request made to myself (I have only been on the hiring end). This is typically only done after an offer has been made and so therefore it is only being used to detect dishonesty.
As another point, don't lie about degrees or anything else on the application. I have had to let newly hired employees go for lying on their resume about having a degree we didn't even care about.
CCNA Security | GSEC |GCFW | GCIH | GCIA
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Thats a clever way of saying
"they paid me my salary and a few pats on the back"
(not saying that pertains to you, in particular)
It's a clever way of saying "it's up to 20% of my bottom line so don't @#$$ing low ball me."
CCNA Security | GSEC |GCFW | GCIH | GCIA
[email protected]
http://twitter.com/paul_bosworth
Blog: http://www.infosiege.net/
I especially like it in the past when I've been working out a wage and the HR guy tells me that he's not going jack me around like a used car sells man, then gives me an incredible low ball offer...
No offence to anybody out there but from my experience these guys tend to be your typical "used car sells men"
/end rant
-Bender
He who gives salary info first usually looses.
I tell recruiters something similar for the same reason. I'll tell them that my base salary is $X, but my current position includes incentives outside of that base that make it worth significantly more to me.
If they can't even match the base salary, we can end the conversation right there and save everyone some time. If they can meet my salary requirements, I'll talk to them about their entire compensation package.
I've never been a fan of this method. I know what I want to make, no point in hiding it. When a company asks me what I want to make I tell them and I've always gotten more than that offered. Thats a win/win in my book and it keeps from wasting time with low ball offers.
Robert K. had a link here to a good book about salary negotiating. One tip it recommends s that if they ask you about salary, give them just that. The number you throw out there is the first number that is given in negotiation, thus becomes the starting point in negotiation.
Say a company is given $45-55k salary to hire a new IT guy. They bring you in for an interview. If they ask you what your requirements are, you tell them $50,000. That is where negotiations will be around. However, if the company comes out and throws out $35k, negotiations start there. The first number mentioned is very important, and the company is never going to throw out their max dollars they can spend right off the bat. So they throw out $35k, you end up negotiating and get them up to $40k. You think you did good because you got more money out of them than what they offered. However, the company really wins out because they are paying you much less than what the position was willing pay.
The company is not looking to pay you a fair salary. The company is looking to keep costs down however they can, to increase profit.
This is where research and finding out your value and the value of the work you will be doing comes into play. Going into an interview, unsure of what the pay is for that position in your area, with your skills, etc is a fantastic way to quickly lose money. The company knows exactly what the job is worth- HR's job is to get someone to do it for less.
From what I have seen, in my personal subjective opinion, you are nothing more than a service... a commodity.
Why did someone neg rep me for this? Most everyone in this thread agreed.
Probably a mistake. I have had that happen to me before.
You sir are not allowed to agree with everyone else.
/agree
I would add that a bit of ballziness also comes into play here as your current employer is never going to disclose your current salary for various reasons. Plus you will sue their a$$ if they do. So, now is the time to think of the figure you would be very happy with that they would also accept. The closer you get to this unknown magic figure, the better. You don't have to justify why you need that much. You are already sitting in the interview chair. When this question comes up, it's time to take the gloves off and go for it.
Sadly, I am not very good at this. I guy I once worked side by side with doing the same job, with very similar backgrounds and knowledge and hired within a month of each other was getting £4k more than me just because he was ballzier when it came to the salary negotiation part of the interview. I thought I had done well as I hiked my salary £5k on my previous job but turned out he was on 2k less than me on his previous job. He just went for it and got it.
One clear point to bare in mind is that, once you are in, it is usually quite difficult to get any kind of major pay rise so you should do your best to get as much as you can, whilst still getting the job, right at the start.
You're right on the money with this. There is no problem with telling the employer what you want to make. Every time I've given the employer a "desired salary range", they have gone above. It saves everyone time! As for your previous salary, they will find this out in the background checks, so no point in hiding it.