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Bowl Leader
It’s Friday 🙌🏾 Any big Labor Day plans?
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Hi Fishes, I have an opening in my team.
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Happy 2017 everyone!! How's everyone feeling?
What is comp like at a pension fund?
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Don't provide it. Just tell them you are interviewing for X range and see what they say about it being in range or not. Don't let them push you into the corner 💪
Oooh I had not thought of this approach! I always feel like I'm on the spot and just say honestly what I'm earning but pretty sure I shoot myself in the foot this way
Tell them that your employer considers salary “proprietary information” and for legal reasons, you can’t disclose. 😂
Actually ….this is true, ask any VP or above across the JPMC, CORE email went out Monday night to the same
Chief
I just say I am making around my target for example if I make $150 and I am looking for $200 I will tell them I am making 190-195 so that it will be easier for me to hit my target pay. It is none of their business though but I like to use this question to my advantage this way.
Chief
No not really since you need to do your due diligence and know your target pay and aim for that. Ideally you should also never switch for under a 20% raise as well unless it is for a strategic reason that will pay off later.
Never answer—it’s illegal in some states to ask that. Simply state, for my next role I’m looking for <range>. OR better yet, “I’d prefer not to disclose that, is there a set range for this role you can share with me?”
I ask what candidates make and what they’re targeting all the time. I’m sure a lot lie and overstate it and others tell the truth, but I don’t ask just to lowball them. I ask just to get an idea of what would really make sense compensation wise for them. To answer your question I don’t think it’s good to lie but I think it’s fine to stretch the truth a bit (ie you make 155k just say you make 160k, but don’t say you make 180k or something ridiculous). In the end it’s about the right fit and starting of a relationship with honesty and transparency is going to go the furthest. I have seen HR departments get stupid though and say well they make x now so they should only get y increase for a new role. I think that’s BS. If the skill set is there, and compensation is in the range, an honest company will give you what you’re asking for.
This is in the US not Europe so I have no idea
When asked naughty questions, I give naughty answers.
I’d say actual plus 20% to 50% or target plus 10%. I’m always talking about how I’m considering the new company for a reason (other than pay) and I like it when they think I’m willing to take a small pay cut for that [something]. If in reality I’m also going to be making more money than that’s a great perk!
I hang up
Always push back tell them what they need to offer to make you happy not what the salary I’d that is making you look for a new job.
This question feels so invasive to me - especially in a hot seat situation like an interview. Recruiters should ask what salary you're eyeing but asking what you currently make is your business and your business alone.
Yeah. I wouldn’t provide my current salary at all. That’s too much information for them
“I am currently earning about xx. Based on research and calls with headhunters, I do know that the market pay range for an equivalent role is about yy-zz. This is the range I’m looking for in my next move to match the value I can bring. Is yy-zz the budget that you have for this role?”
I had a recruiter ask after she asked what pay I was targeting. My reply- Its not pertinent because I won’t be doing that work anymore. She didn’t push. It’s easy to deflect if you are asked - I am hoping to be working for you. Are you able to provide the pay range for the position at your company?
What you’re currently earning is none of their business. Don’t provide them this info. On the flip side, ask them the salary range they’re budgeting for this role. That way you’re not wasting your time.