Thursday, March 19, 2020
Should recruiters know your salary history
Should recruiters know your salary history Throughout your professional life, youââ¬â¢ll likely go on a wide array of job interviews, and each one will be a different and unique experience. But if thereââ¬â¢s one common element of all job hunting processes, itââ¬â¢s that they eventually must include a salary discussion. If you make it to the finish line and reach the point where a job offer is made, congratulations- but the process isnââ¬â¢t over yet. After you learn the position is yours, youââ¬â¢ll likely be given all of the key details regarding the position, including the salary. At this point you may be wondering, ââ¬Å"Do they need to know my salary history in order to make a fair and accurate offer?â⬠Great question- letââ¬â¢s take a closer look.Itââ¬â¢s fine to offer it if asked at the startâ⬠¦The decision of whether or not to disclose your salary history might come up at the very beginning of the process, when youââ¬â¢re crafting your targeted cover letter and resume for a specific j ob opening. Current conventional wisdom holds that you shouldnââ¬â¢t detail your salary history unless requested to do so by a prospective employer. And if you are, you should always be honest- remember, if they do a thorough background check they may find out the truth, and it wonââ¬â¢t look good if what you told them doesnââ¬â¢t add up.â⬠¦but itââ¬â¢s not absolutely necessary.Okay, so if conventional wisdom holds that you shouldnââ¬â¢t disclose your salary history unless asked to do so, how do you know if youââ¬â¢re going to be presented with a fair offer if you make it through the hiring process and have not given them a sense of what youââ¬â¢re worth? The truth is, effective recruiters and hiring managers have thoroughly researched competitive salaries for any and all positions theyââ¬â¢re hiring for in their given geographical area. Remember, theyââ¬â¢re competing against other companies for talent, so itââ¬â¢s in their best interest to make sa lary offers that will attract the best and brightest talent.They already have a final number in mind.Furthermore, recruiters and hiring managers donââ¬â¢t need to know your salary history because most companies have a pre-determined salary range for any given position theyââ¬â¢re hiring for. This predetermined range can be based on a variety of factors, including a companyââ¬â¢s budget and industry trends.This range typically means that thereââ¬â¢s some room for you to negotiate if and when an offer is made. If youââ¬â¢re presented with a job offer and salary that meets your expectations, then great- congratulations on your new job! However, if you receive an offer thatââ¬â¢s lower than what youââ¬â¢re looking for you can use your salary history as a negotiating point, but be sure to handle this delicate situation carefully.Now you know the facts- good recruiters donââ¬â¢t need to know your salary history in order to hire for a position and make an offer, and you shouldnââ¬â¢t feel obligated to provide it unless asked specifically to do so. However, you can always use this information during the negotiating process, if you make it that far, in an effort to get a new position that meets your needs.
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