Related Posts
Dickinson Wright salary scale?
Bonus unlocked on NYE with a newborn.
More Posts
Additional Posts in Consulting
How come I don't see many black/those of African descent partners (or those on track to becoming partners) in big 4 (Deloitte PwC ), MBB and other consulting firms. Outside of a one or two here or there this group is painfully underrepresented compared to other ethnic groups. What steps are these firms doing to change this?
New to Fishbowl?
unlock all discussions on Fishbowl.
Some states that’s not allowed. In general, you’re not obligated to disclose ever. Just tell them it’s competitive for your role and ask what the salary is for their open role. Never disclose if you can avoid. This is how pay gaps start and get perpetuated if you’re a woman or minority employee.
Other side of the same coin, do you want to work with an employer who is more is more concerned about your salary than your skills?
lol yes. I always include VC and all other compensation. If they have the guts to ask, they should expect an exaggeration. They’ll always low ball you anyway. It’s about playing the game.
During background check they can ask your current employer about your salary...
EY does not release salary info
I tell them its not relevant and that I expect to get compensated at a fair rate for the NEW role. I also put it back on them. " how much are you budgeting for this role"? Then when they give you a range, you naturally start from their high end when you negotiate.
Usually you’ve got the offer in hand before the background check. Also, I’m not 100% sure this is true. I thought the background check was to confirm you’re places of employment and residence. Not the details.
Yeah usually it’s criminal history, places lived, work employment verification and that’s it. Maybe a title verification. Nothing else. Deloitte federal told me they verify salary, so beware of that one.
Maybe say your real salary but say your Rsu and bonuses are YUUUGE
Employers only verify dates of employment and if you’re eligible for rehire, not salary. Anything else opens them to liability.
Not true. Some do more than that. There’s no reason to not do it but some companies only avoid out of caution.
I’ve heard of ppl get reneged on offers bc of this. Not worth the lie. However, you can say you’d rather not say bc you don’t think your new salary should be based on what you currently make. You might be underpaid and that’s why you’re leaving. Simply state what you’re looking for and justify it based on your experience and what’s appropriate for the role you’re taking on.
They confirm salary if they can. I know this for a fact because I messed up my salary from 6 years prior (I was off by less than 10%) with prior employer. My employer at the time threw a fit about it despite the fact my most recent salary was 3x my prior salary and 100% correct.
Not sure the potential employer can legally ask this. At most, I would provide them with a range of what you are currently making.
Depends on the state
They can’t easily ask your current employer but they could ask for a tax return. Odds are unless the number is high for your experience they won’t look into it.
Never had anyone ask for my tax returns. And if they did I would just say ‘Well...if the president doesn’t have to produce his for multiple criminal probes...then I don’t think I have to either...’
Some background checks now include salary information from ADP so be careful there. It won't show total comp but just how much your yearly salary is.
Give them your comp, but use 401k and other benefits as part of the number you give.
My response would be my all in cost to EY is X (EY gives you this and it’s 1.3x salary at least) and then state I compare full package to full package not salary to salary. But typically I expect 25% increase for all the extra work required to start with a new company