hey youtubers it's me Jennifer Tardy I am the career success coaching you are
back on YouTube or another video now this video I am pretty pretty passionate
about so pay close attention okay because it's going to move pretty
quickly so three reasons to never tell an employer your salary history okay and
then if you stick around to the very end I'm gonna give you a tool or a tip on
how you can get around that question alright so let's jump right into it
reason number one why you should never tell an employer your salary history
number one companies are not in the business of making you rich companies
are in the business of becoming rich right revenue is important revenue is
important to companies that are for profit and revenue is important for
companies who are non profit okay so just because you're a nonprofit
organization doesn't mean that that you're all about profits but you are
interested in your revenue because you need revenue to keep your company in
business okay that I'll get off of my soapbox okay so companies are not in the
business to make you rich which means that if they have an opportunity where
they know that they can bring you in at a higher salary than what you're
currently making it doesn't mean that they need to bring you in compared to
your peers in the market doing the exact same position did you catch that okay so
a company has the opportunity to bring you in based on where your peers in the
market during the exact same position we're what they're making they have that
opportunity to do that but if you give them your salary history they don't have
any reason to bring you that far especially if your salary is already low
but they can still bring you in somewhere in the middle which means that
they're still giving you a bump in your salary
but you're not all the way over here where you need to be so it sets you
behind okay so that's number one number two when companies are determining your
salary and I have a whole video about this but when companies are determining
your salary they're looking at the market so again they're looking at well
people within our industry or people doing this job in particular how much
are they making what is their typical salary range another thing that they're
looking at is internal equity that it means that within the organization how
much are people within the organization currently making that have that same job
title and job function and the next thing that many employers are looking at
is your salary history your current salary and they're taking all of that
information and they're making a decision but if they do not have your
salary history then the only two things that they're limited in looking at is
internal equity making sure that people are making around the same thing that
that are doing the same function in a job and looking at the market okay your
salary history should never determine where you go in your next job so okay so
going back to number two they look at what they should look at
okay this is why you should never give your salary history it doesn't matter
okay so allow them to focus just on the market and the internal equity number
three on why you should never give a company your your current salary it
doesn't matter it has no bearing on the next job opportunity that you're going
into your next job opportunity may be very different from the position that
you're in right now so why was your salary matter have you ever thought
about that why would your salary matter if your job function is either doing
something different and even if it's doing the same thing it's at a different
company in a different industry allow them to figure out what the work
of that job is okay so many of the applications the formal application will
ask you many not all of them they'll ask you your beginning and ending salary and
I'll put zero in there because it's probably a required response
now if the recruiter calls me and they ask me and this is the tip for you if
they call me and they ask me what am I currently making by way of salary I will
respond with my desired salary based on my research did you get that so if a
recruiter calls me though saying hey how much are you currently making in your
job and then I'll respond I'll say well I've done a little bit of research and I
know where I should be for this position comparative to my
peers so to keep up with them I have a interest in making at least this amount
so that's how I respond to people I respond to them by sharing with them my
desired salary as opposed to my current salary now if that recruiter comes back
and they say yeah I get that and I appreciate you sharing your desired
salary but how much are you currently making it is completely okay for you to
say in a very kind and respectful way that you already know based on the
market that you are underpaid by way of your salary
so you'd prefer to not share that and oftentimes the recruiter will let it go
because at the end of the day all the recruiter really needs to know is if we
want to hire you eventually for this position is what you're currently making
going to fit into the salary range of what we can pay so giving them a number
is better than giving them no number got it so I hope that this information
helped you your own job search if you liked what
you saw please leave a comment about it if you have other tips leave a comment
with those other tips to ensure our jobseekers would love to hear from you
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