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what to say when an potential employer ask how much salary?

Posted on 6/17/15 at 1:27 pm
Posted by bayou choupique
the banks of bayou choupique
Member since Oct 2014
1818 posts
Posted on 6/17/15 at 1:27 pm
I received a call from another company in town last week to see if I would be interested in a higher up position with them. I sat down Sunday night with one of the employees who I knew from a few years back and he hinted about how much I wanted in order to go work for his company. I did not answer.

Tonight I have an interview with the owner and his head operations guys. Of course I want to make more than I am making now, but do I be honest when they ask what I am making now, or don't answer that question?
Posted by C
Houston
Member since Dec 2007
27813 posts
Posted on 6/17/15 at 1:29 pm to
I'd ask for a 50% increase at least.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 6/17/15 at 1:30 pm to
Counter with a statement like, "It would take at least $X to get me to think about switching jobs..." And name your price. No need to reveal what you actually make.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/17/15 at 1:45 pm to
Ask how much they got.


This post was edited on 6/17/15 at 1:46 pm
Posted by GenesChin
The Promise Land
Member since Feb 2012
37704 posts
Posted on 6/17/15 at 1:57 pm to
quote:

what to say when an potential employer ask how much salary?



Posted by MSMHater
Houston
Member since Oct 2008
22773 posts
Posted on 6/17/15 at 2:28 pm to
You don't have to tell them what you currently make, and I would advise going over what you want by about 5K-10K to give them the perception that you are flexible when you accept a "lower" offer.

Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8360 posts
Posted on 6/17/15 at 2:35 pm to
1.) It depends on the entire benefits package. What's the company car, phone allowance, 401k, paid time off, health insurance, bonus situation look like? Don't forget to ask how much overtime they work and shite like that. I mean if you're going to work 25% more hours for a 10% raise you're not exactly coming out ahead are you?

2.) If they ask how much you're making now you should exaggerate.(nice word for lie) Tell them your total income with bonus and with your next anticipated raise added in. So if you're making 100,000 with an annual 5% raise coming up in 6 months and a 10% bonus every year just tell them you make 115,000 and would need to see 125,000-135,000 to make a move.

This is a negotiation and they're going to try and get you for as little as they can. If you tell them what you make now you open the door for them going for a low ball 10% raise which in my opinion isn't good enough to cover risk when jumping from job to job.

And finally.......make sure you get everything promised to you in writing including dates.(in your offer letter)
This post was edited on 6/17/15 at 2:36 pm
Posted by MamouTiger65
Baton Rouge, La
Member since Oct 2007
794 posts
Posted on 6/17/15 at 2:48 pm to
quote:

2.) If they ask how much you're making now you should exaggerate.(nice word for lie) Tell them your total income with bonus and with your next anticipated raise added in. So if you're making 100,000 with an annual 5% raise coming up in 6 months and a 10% bonus every year just tell them you make 115,000 and would need to see 125,000-135,000 to make a move.


I do this. I figure switching jobs means I may not get a raise and may not be eligible for a bonus for a year. That could be a major hit to whatever raise you are getting, for me that would account for 14% of my income.

It's also easy to justify if they confirm your salary range with your previous employer.
Posted by abitabrewed4LSU
Houston, TX
Member since Feb 2009
1078 posts
Posted on 6/17/15 at 3:26 pm to
Most people I know leave companies after the raise and bonus have been disbursed.
Posted by abitabrewed4LSU
Houston, TX
Member since Feb 2009
1078 posts
Posted on 6/17/15 at 3:32 pm to
quote:

"It would take at least $X to get me to think about switching jobs...


This. I wouldn't give up your salary. That's your biggest bargaining chip.
This post was edited on 6/17/15 at 3:33 pm
Posted by MNCscripper
St. George
Member since Jan 2004
11709 posts
Posted on 6/17/15 at 4:03 pm to
Tell them you expect to be offered what you're worth
This post was edited on 6/17/15 at 4:04 pm
Posted by bayou choupique
the banks of bayou choupique
Member since Oct 2014
1818 posts
Posted on 6/18/15 at 12:43 pm to
quote:

1.) It depends on the entire benefits package. What's the company car, phone allowance, 401k, paid time off, health insurance, bonus situation look like? Don't forget to ask how much overtime they work and shite like that. I mean if you're going to work 25% more hours for a 10% raise you're not exactly coming out ahead are you? 2.) If they ask how much you're making now you should exaggerate.(nice word for lie) Tell them your total income with bonus and with your next anticipated raise added in. So if you're making 100,000 with an annual 5% raise coming up in 6 months and a 10% bonus every year just tell them you make 115,000 and would need to see 125,000-135,000 to make a move. This is a negotiation and they're going to try and get you for as little as they can. If you tell them what you make now you open the door for them going for a low ball 10% raise which in my opinion isn't good enough to cover risk when jumping from job to job. And finally.......make sure you get everything promised to you in writing including dates.(in your offer letter)


the interview went really well. We talked about business ad personal items about the same amount of time. Much smaller company, but more responsibility. The owner was at dinner and told the guy who called me to send me the benefit information along with an offer. They never discussed salary or any money. SO now I will just wait and see what they offer.
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