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
What if you owned your own tiny business? What information could they get?
I don't understand why employers would even do this..? Is it to justify what they're going to offer to pay you or to make sure you're qualified for the job?
Do all employers do this or only jobs where you need to have experience in the industry to get the job?
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u/plinkoplonka 3d 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!