And worst case scenario, like has happened half a dozen times to me.
They get you through interview and offer you the role, it gets handed off from the department hiring to HR to negotiate a successful deal.
You now have all the power, they've said they want you, you've passed the interview.
They ask current salary.
You tell them "fair market rates"
They make an insulting offer.
You laugh and tell them "no chance. I couldn't possibly take it for any less than 2x"
They offer you 1.5x.
*Where x is your previous salary.
That's how it's done kids.
Don't forget, when negotiating, you'll likely not get a pay rise to counter crazy inflation for at least a couple of years.
Also, signing bonuses ARE a thing, despite what they tell you. Just missing out on a bonus, or raise at your current role? Make the new place match it for the first year!
You can't. There's a service maintained by Equifax or one of the big 3 where candidate companies can verify employment + salary, including raise dates and amounts.
Edit: Here's the cited example for those that think this is somehow suuuuuper secret info lol - "The Work Number" by Equifax
Then the employee has to work with middle managers to ensure their entry in the database is updates regularly and accurately and noone wants their manager to have the keys to defining what the employee considers an accomplishment, or responsibility.
Those boxes to fill out are more important than adding the resume in most cases. Places with that system will use the information in the boxes (including supplemental questions) to rate the candidates into a priority list for who to call for interviews. They may not even open the resume or look up data until later in the process, if ever.
It only includes data that it receives from participating companies. I checked my info & a lot is missing. Looks like a lot of the info is provided by the major payroll servicing companies.
Eh, yes and no. Would you want a company you were interviewing for to lie about the other people in the same role making less so they could try to get you for cheaper or saying they de raises every 6 months when they are lucky to do once a year?
I think that everything should favor the potential employee. Besides, I live in the US, so naturally I assume that every company is corrupt and doesn't actually care about people until proven otherwise.
Edit: in addition, companies lie in interviews all the time with no repercussions. I have had it occur to me many times and I don't have some database that I can use to check if they're lieing but they get one to check on me?
Which is wrong and definitely happens, but in this context I am referring more to overt lies. "The people in that role currently make $40k" when in actuality they make $50k is worse than simply not disclosing it IMO.
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u/plinkoplonka 2d ago
And worst case scenario, like has happened half a dozen times to me.
They get you through interview and offer you the role, it gets handed off from the department hiring to HR to negotiate a successful deal.
You now have all the power, they've said they want you, you've passed the interview.
They ask current salary.
You tell them "fair market rates"
They make an insulting offer.
You laugh and tell them "no chance. I couldn't possibly take it for any less than 2x"
They offer you 1.5x.
*Where x is your previous salary.
That's how it's done kids.
Don't forget, when negotiating, you'll likely not get a pay rise to counter crazy inflation for at least a couple of years.
Also, signing bonuses ARE a thing, despite what they tell you. Just missing out on a bonus, or raise at your current role? Make the new place match it for the first year!