Disclosure of pay?

Forums › Jobs › Disclosure of pay?

1 | 2

networkn

Networkn
32876 posts

Uber Geek
+1 received by user: 15478

ID Verified

Trusted

Lifetime subscriber

#1964155 25-Feb-2018 23:40

freitasm:

I am not aware there's any law that requires you to disclose your current pay. It's actually against your interests in negotiations to tell a possible employer what's your pay now.

Better yet, there's no reason to work for such a company. They are already showing how low they treat employees.

I think that's taking an entirely dim view of the situation. There are scenarios whereby there is no intent to screw a potential employee, in asking the question.

lucky015

747 posts

Ultimate Geek
+1 received by user: 182

ID Verified

Trusted

#1974024 13-Mar-2018 14:59

GeWizard:

Beware, this happened to me at my last job. I was getting $17 at Slingshot so I showed my new job. They then offered me $17 back. I told them it's not really fair as I had other benefits from Slingshot also like bonuses for upselling. They didn't care and said I would be learning more IT stuff. I never really learnt anything in the 2 years I was with them.

Made the same mistake a number of years ago myself with the same result (Response was "Ok so you'll start Monday on previous rate + marginal increase") so would never recommend providing actual and correct info to a potential new employer.

Edit:
While it is possible that the potential employer might decide to be fair you are not typically in a position to figure this out and the majority are likely digging for the minimum you will accept.

mattwnz

20520 posts

Uber Geek
+1 received by user: 4798

#1974046 13-Mar-2018 15:29

The first question I have always asked when seeing a job advert I maybe interested in, is what the pay range is, so not to waste my time, and the theirs. Occasionally they do put the pay range on the advert, but that seems very rare these days. If they say it depends on your skill set etc, I still ask for the range. That gets it out of the way straight away. If they decline, then I walk away, but I have never had anyone decline. At the end of the day, working for someone is about earning money for that work, so is one of the most important things when considering whether to work for a company or not.

surfisup1000

5288 posts

Uber Geek
+1 received by user: 2159

#1974128 13-Mar-2018 16:55

mattwnz:

The first question I have always asked when seeing a job advert I maybe interested in, is what the pay range is, so not to waste my time, and the theirs. Occasionally they do put the pay range on the advert, but that seems very rare these days. If they say it depends on your skill set etc, I still ask for the range. That gets it out of the way straight away. If they decline, then I walk away, but I have never had anyone decline. At the end of the day, working for someone is about earning money for that work, so is one of the most important things when considering whether to work for a company or not.

Pay is just one factor. Career development can be worth far more than salary. But, you tend to find some companies are not interested in you at all, they just want someone to fix todays problem at the cheapest cost possible. If they need another skill in the future, say hello to the new grad on your way out.

IT is a fairly cut throat industry.

lucky015

747 posts

Ultimate Geek
+1 received by user: 182

ID Verified

Trusted

#1974150 13-Mar-2018 17:36

surfisup1000:

mattwnz:

The first question I have always asked when seeing a job advert I maybe interested in, is what the pay range is, so not to waste my time, and the theirs. Occasionally they do put the pay range on the advert, but that seems very rare these days. If they say it depends on your skill set etc, I still ask for the range. That gets it out of the way straight away. If they decline, then I walk away, but I have never had anyone decline. At the end of the day, working for someone is about earning money for that work, so is one of the most important things when considering whether to work for a company or not.

Pay is just one factor. Career development can be worth far more than salary. But, you tend to find some companies are not interested in you at all, they just want someone to fix todays problem at the cheapest cost possible. If they need another skill in the future, say hello to the new grad on your way out.

IT is a fairly cut throat industry.

Definitely agree but especially at the lower end of the pay scale (Think service jobs in the 45-60k range) it's a defining factor of is it actually feasible to take the job financially and/or is it a positive benefit to you over your current position especially if you are looking for a better job for financial reasons in the first place which is more common these days, to a lesser degree their offer of pay can be an indication of the company as a whole particularly in larger organizations where the greater percentage of service staff may sit on that pay for an extended period of time and only move marginally when shifting up the chain.

freitasm

BDFL - Memuneh
80672 posts

Uber Geek
+1 received by user: 41121

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#1974219 13-Mar-2018 20:52

There's no compelling reason for you to disclose how much you make. You are there to negotiate with them and if they can't start then you shouldn't take it.

Referral links: Quic Broadband (free setup code: R587125ERQ6VE) | Samsung | AliExpress | Wise | Sharesies

Support Geekzone by subscribing (browse ads-free), or making a one-off or recurring donation through PressPatron.

Quic Broadband

Move to New Zealand's best fibre broadband service (affiliate link). Free setup code: R587125ERQ6VE. Note that to use Quic Broadband you must be comfortable with configuring your own router.

snowfly

554 posts

Ultimate Geek
+1 received by user: 115

#1974226 13-Mar-2018 21:08

During a recent interview (with a new business), I was asked previous contracting rate (I deal with large IT projects, remotely from NZ), and I happily disclosed the hourly rate in AUD.
To my surprise the new contract rate is a 32% increase, so I must have ticked all the boxes.

Although I do admit that there aren't many other professionals within AU/NZ that have my knowledge/experience/expertise in the specific development work I do.
So to keep this advantage (for as long as possible), I have to stay relevant, and ahead of any up and coming grads.

GJones

41 posts

Geek
+1 received by user: 5

#1974227 13-Mar-2018 21:11

There is no correlation withwhat you earned at your previous role to the value you may bring in the new role, any determination as such should be on your skills not your previous salary. None of their business. If they want salary benchmarking go pay for it like everyone else does.

1 | 2