The most they can typically get is the "typical" salary for a given position at a large company. There are exceptions of course, and the good ole' boys network can sometimes run deep.
But in the end, if you are let go or not hired because you lied about a salary they were otherwise willing to pay you? You dodged a bullet. Who would want to work in such an environment to begin with?
The correct answer is to say with what you think the current position is worth and what you want to get paid. There is no upside to being truthful here.
This is legitimately hard for a lot of folks to understand, the same type of folks who equate violating corporate policy as being "illegal".
I'd even go so far to say it's close to immoral not to lie on this question given the power imbalance when it comes to hiring.
I never did find any more details on the document though :(
No. The correct answer is nothing. Maybe ask what their budget for the position is, but never give a number first.
There's quite a few ways to verify past salary. Specially some employers report employment information to private databases and your potential employer runs a "employment report," like banks run a credit report, as part of a mandatory background check. To see if you lied.
Of course, they can't do that without your permission but agreeing to a background check is a condition of employment.
The database i am thinking of is, IIRC, owned by Lexis Nexis and they claim to have employment data for the majority of Fortune 500 companies.
EDIT: The database I am thinking of is called The Work Number and is owned by Equifax.
http://www.businessinsider.com/salary-information-not-privat...
>One woman interviewed by CNBC had a Work Number report that was a whopping 22 pages long, complete with a copy of all of her paychecks over the years.
They claim to have employment information for over 1/3rd of American adults.
And even if a company does find out, who cares? What I made at a prior job has zero bearing on my next job. If the new company thinks I bring in enough value to be paid X, then they paying X should be fine.
Similarly, I know part of my job when I do an interview is to sell the company and the position. So I'll put a positive spin on things but I won't outright lie.
I've personally seen two offers rescinded after it came out that someone added an egregious amount of money to their previous salary (one to the effect of made approx $100k, said they made $185 and took $175 while complaining loudly about their "pay cut").
What sucks for them is:
A) Everyone involved in that process knows they're a liar.
B) They were now unemployed because this was during the post-acceptance background checks
C) They won't be able to work at any company anyone from A is doing hiring stuff for
(I mean that as a compliment.)
You really shouldn't compare salaries, since benefits can vary so much.
So if I'm making $100k in base now, but have a good bonus structure, a good vacation package, health, retirement, etc., could make that total comp closer to $150. So that's what I say is my current compensation -- most people will anchor to that in salary negotiations.
2. Is that really true? Multiples? Maybe for the CEO! I've been in tech for almost 2 decades and have never seen an equity package of more than ~25% or so of base salary. Usually it's about 5-10%, no?
However, I left a company that wasnt liquid which was multiples in equity. But once you risk-adjust it for ever being worth something...
In most cases they would not give out that sensitive information unless they have a written consent specifically stating that you allow salary information to be given.
Anyways, its likely subject to the FCRA which means you can get a copy of your own report once a year to see what it contains.
EDIT: Here you go, you can request a copy right here, https://www.theworknumber.com/Employees/DataReport/index.asp
I think men are more inclined to agressive negotiate their salaries, and women might be less prone to lie or hide their current salary too.
https://www.amazon.com/Women-Dont-Ask-Negotiation-Strategies...
> Yet, as research reveals, men are four times more likely to ask for higher pay than are women with the same qualifications. From career promotions to help with child care, studies show time and again that women don’t ask–and frequently don’t even realize that they can.
Why are people so blase about lying? I don't get it. It's arguably far more helpful to just wait for the company to state their number first - bearing in mind the fact that there's tens of thousands of other companies out there. Eventually one will budge. In my experience, they all do.
* We hire only the best
* We value your career progress
* We are transparent about the company's strategies and financials
* We value taking the time to think through the design of features and products
And so on. Most of which are, to be charitable, only very loosely applicable when they aren't outright lies.
Where this comes from I don't know. I'm sure there is a law that this common belief comes from.
Saying nothing is the safest choice. Most employers only confirm employment as a courtesy to their former employees.
Lie. It's to cover their arse from lawsuits.
Tangentially, it's really abrasive and generally unnecessary to start a comment by calling someone a liar. You can disagree with me here, and that's totally fine. To call me a liar for holding a different opinion than you makes you seem really petty. Arguing about the reason companies will disclose employment history doesn't seem to be the time to break out this sort of accusation.
Do you all quit your jobs before you find new ones? What am I missing here?
I know there are a lot of purely utilitarian thinkers around here, but is there no moral compass at all?
Yes but potential employers don't get the benefit of the doubt. I'm looking out for myself first.