Should I Provide My Current Salary To Prospective Employer?

by | Last updated on January 24, 2024

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You are under no obligation to tell a prospective employer your current salary. ... Say that you’d rather not disclose your current salary, as you would like to have a fair negotiation based on your skills and what you have to offer the company.

Should you share your current salary?

It depends entirely on how much pay you want to earn in the future. For example, if your current salary is too low and you feel that you are worth much more and your skills will add a greater advantage to company, revealing your current salary might prevent you from getting better income.

What do you say when an interviewer asks your current salary?

Applicants “should not disclose their previous salary but instead reframe their answer to express their salary expectations or requirements for the job,” according to Hoy. In other words, tell them what you expect to make, not what you’re currently paid .

Should I disclose my previous salary?

Effective January 1, 2018, California law prohibits employers from seeking (on their own or through third parties) and relying on job applicants’ past pay information as a factor to determine whether to give a person a job and payment terms of that job.

Can potential employer ask for current salary?

A salary history ban prohibits employers from asking applicants about their current or past salaries, benefits, or other compensation. This means employers can’t ask about your current salary on job applications or other written materials or ask you about your salary in an interview.

Can you lie about current salary?

Can an applicant get in trouble for lying about their current salary? ‘ While it is unlikely to happen , an applicant lying about anything could land them in trouble if the lie is discovered,’ explains Helen. ‘It goes to the heart of the fundamental relationship of trust between employer and employee.

Can HR disclose your salary?

In the United States, employers are not prohibited from double-checking job applicants’ quoted salary figures. ... Unless they’ve been issued a subpoena, U.S.-based employers are under no legal obligation to disclose any information about current or former employees .

Why you should not tell your salary?

The problems that arise from disclosing how much you earn are many. First, people who know your income begin to associate you with your earnings, as if you are the money you earn. ... Second, people will begin to make money decisions for you . You will be expected to pay for stuff you never intended to pay for.

Can my new employer see my old salary?

Can a new employer check your previous salary? Theoretically, a new employer could always calculate your previous salary from the P45 you give to them . ... Even so, it’s a widely accepted truth of the industry that many people inflate their salaries when applying for jobs.

Should you share your salary with a recruiter?

When recruiters are considering potential candidates for a position, they need to know the candidate’s salary to see if they are a fit for the position . ... If you refuse to reveal your salary, then not only are you wasting your own time, but you’re also wasting the recruiter’s time.

What is your expected salary?

Choose a salary range.

Rather than offering a set number of the salary you expect, provide the employer with a range in which you’d like your salary to fall. Try to keep your range tight rather than very wide. For example, if you want to make $75,000 a year, a good range to offer would be $73,000 to $80,000.

How do you deflect salary in an interview?

In an interview ...

If you’re asked for your salary expectations, you could deflect by saying “What do you usually pay someone in this position? ” or “I’d like to learn more about the role before I set my salary expectations. I would hope that my salary would line up with market rates for similar positions in this area.”

Why do employers ask previous salary?

Your salary history — specifically the salary you earned in your most recent position — is one factor an employer can use to gauge your level of experience and the value you’ll bring as an employee . They want to ensure your expectations are aligned with their budget for the role.

Can I lie about my salary in interview?

Muse Career Coach, Theresa Merrill, advises people to be honest about their current or past salary. Misrepresenting anything about your work history in an interview or on an application is “unethical,” and therefore unadvisable. ... Neves says to let them know that you’re knowledgeable on the salary range of the position.

Do you have to disclose salary on job application?

You are under no obligation to tell a prospective employer your current salary . ... Say that you’d rather not disclose your current salary, as you would like to have a fair negotiation based on your skills and what you have to offer the company.

What should I put for current salary on job application?

  • Leave the field blank.
  • Put a zero or type “No” in the field.
  • Type in “N/A” (for not appropriate or not applicable).
  • Type a sequence of numbers like 123456 or 11111.
  • Put your target or real salary number in the field.
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.