November 19, 2008

Salary wizard discusses interview strategy

by Trevor Davide Grant

Often times in salary negotiation the question about your salary history will come up. It is not a good idea to discuss your salary history if you can avoid it, as it can give the employer a hand up in negotiation.

It is a bad idea to discuss salary early in the hiring process. However if it comes up, do not get yourself caught in a lie.

My preference when pressed for an answer is as follows:

1) Just let them know that your past salary is not all that related to the work you're going to do in the new job. The terms and work conditions and responsibilities are different, and therefore your past salary should not factor into your new job compensation.

2) If the employer insists you mention your previous salary, mention with the total value of your salary package. Also, restate that it is not the same company you will be working for, and so your past salary is not related. There are so many factors including lifestyle, vacation, time in lieu of pay and other things that also factor in.

3) When you go in for an interview you should be armed with knowledge of the current market. You should know your level of skill and professionalism and knowing your local job market you should be able to command the price you expect. You need to do your research, and be realistic about whether you are superstar talent or just high performing.

4) Even if you were earning a low salary before, possibly even below the industry standards for that job, you should expect to be paid within that range when you go to your next job. You may have one of many reasons for taking an lower salary at your previous job. It does NOT explain your worth to the new employer, bottom line!

5) If you do talk about your salary history make sure to mention that you expect to be paid the current fair market rate for the job listing, and explain what you know about salaries in your field at the time. Many employers will respect you for standing up for what you deserve. Just remember negotiating is a professional situation and remember to be firm in your stance but respectful with the employer.

Do not lie in your interview. The employer has ways to detect what you really earned, either through asking you to produce a pay stub, or asking if they can confirm it with your previous employer. Remember, the value you bring is the value you bring, and that is the bottom line if the employer wants to hire you.

About the Author:

Filed under Legal Advice by Trevor Davide Grant

Spread the Word!

Permalink Print Comment

Leave a Comment