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Does Salary History Matter to Future Employers?

Does Salary History Matter to Future Employers?

PayScale.com

Posted by Kristina Cowan

Your salary history tells an important story of how far you’ve come along a career path, so it’s fitting that a prospective employer might be interested in learning more about your past earnings. Yet it’s unfair to take a salary history at face value, because there are so often back-stories that need explaining.

Career experts say you should be prepared to discuss your salary history with a prospective employer, along with any back-stories. For example, if you changed careers and took a pay cut in the process, you’ll want to share that. Still you don’t want to put yourself at a disadvantage, so it’s important to tailor your approach to the circumstances.

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Salary History: Irrelevant, Perhaps, But a Likely Topic During the Interview Process

Talking about your salary history probably won’t be the highlight of interviewing for a new job, but you do need to be prepared to tackle it. Here are a few tips to help get you off to a graceful start.

Your salary history may be irrelevant, but don’t be surprised if the topic arises.

Employers could ask about salary history, but it’s often irrelevant because it doesn’t relate to the job for which you’re applying, the market value for the open position, or what the market will bear, says Barbara Safani, president of New York-based Career Solvers, a career-management firm. But if a prior salary was below market value, you should be prepared to explain—maybe your company was struggling and froze salary increases, or you made a career change and took a pay cut. “Whatever the reason, the job seeker needs to be able to explain past salaries but also articulate what they are looking to be paid in the future based on their current market value,” Safani says.

Joyce Maynard, vice president of HR Xpress, a human-resources firm in Rhode Island, agrees. “What a candidate made before may or may not be relevant to the company or job they are applying for now. An interviewer will ask questions around salary history so the candidate has to be prepared to say, ‘I expect that if there was a salary offer it would be based on the requirements of this job.’”

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  • Photo_user_blank_big

    MirandaM

    about 3 years ago

    22 comments

    Of course salary history matters, you don't have to be a genius or to ask the forex brokers from Wall Street to figure this out. It matters because it will give your new employer a good idea about how much you expect to be paid, and if you were an over-achiever at your previous jobs, your salary will reflect it. The same goes for under-achievers, so all in all your salary history says a lot about you.

  • Photo_user_blank_big

    lralkhatib

    about 4 years ago

    2094 comments

    yes its matter.

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