Imagine for a moment that your current employer is paying you significantly less than the market value for your role based on your skills and experience, and attempts to request a review of your compensation have been rejected. You may then consider looking for work elsewhere. It’s likely that the question of your current salary will come up at some point during the interview process with a potential employer.
What would you do in this situation? On the one hand, if you’re honest about how much you currently earn, the potential new employer may be reluctant to offer a significantly higher wage… even if it is the “market value”. On the other hand, if you exaggerate your current salary to reflect a figure that’s on-par with what you should be earning, you risk getting caught in a lie when that employer screens you using The Work Number. Clearly, neither situation is ideal.