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Message
re: Hiring company want previous W-2’s
Posted on 7/26/18 at 12:20 pm to Sao
Posted on 7/26/18 at 12:20 pm to Sao
quote:
Just photoshop 7 years worth of frick You money W2's.
LOL. No kidding. What’s preventing me from doing that anyways. It’s not a federal document that is binding when I am volunteering the information.
I need to figure out what I’m going to say to them and how I’m going to say it.....the guy earlier said have a beer, I will do that, but this is OTL. Wanted to get opinions and see if anyone else been through this before. It actually brings up a big debate on how this could impact discrimination in pay, etc
1
Posted on 7/26/18 at 12:20 pm to IT_Dawg
Seven years seems like a lot but I worked for a Fortune 100 company and they asked for mine. I think they requested 3 years worth. I think it was to verify if you were lying about past salary
Posted on 7/26/18 at 12:22 pm to IT_Dawg
Do you know any current employees there? Someone who could advise on the hiring process and what other people have done in the past?
Posted on 7/26/18 at 12:23 pm to IT_Dawg
quote:
A company looking to hire me away from the same job I’ve had in sales for 15 years, is ready to make me an offer with a nice OTE, but have asked to get my last 7 years of W-2’s. I’ve never even heard of that (never interviewed for a job before) and don’t feel like giving away that information. I feel like telling them to pound sand. Im not going to give them a single one. F that nonsense, especially this far along....it’s for IT sales
I would simply state you domt feel comfortable handing that kind of information, especially without some legal protection to guard your right to privacy.
Posted on 7/26/18 at 12:24 pm to IT_Dawg
Ask them if they can take a few random pay check stubs from December of various years.
Pro Tip - Only give the the good ones and then ask them for MORE money
Pro Tip - Only give the the good ones and then ask them for MORE money
Posted on 7/26/18 at 12:24 pm to IT_Dawg
Yeah, you aren't gonna get around it.
Big companies are too bureaucratic. They have their policies and that is that. Their is no decision maker that can make exceptions. As mentioned I went through the same thing with JP Morgan. I was like look I'll give you the three years. They will show a year in accounting year 1, an ok year in sales for year 2, and me doubling my sales income in year 3 the most recent. The answer was year 1 = 0, year 2 and 3 get added together and the average had to be a certain number and show progression year over year.
Obviously wasn't gonna happen year 1 was all w2 salary from accounting and that went into the average as a zero.
Big companies are too bureaucratic. They have their policies and that is that. Their is no decision maker that can make exceptions. As mentioned I went through the same thing with JP Morgan. I was like look I'll give you the three years. They will show a year in accounting year 1, an ok year in sales for year 2, and me doubling my sales income in year 3 the most recent. The answer was year 1 = 0, year 2 and 3 get added together and the average had to be a certain number and show progression year over year.
Obviously wasn't gonna happen year 1 was all w2 salary from accounting and that went into the average as a zero.
Posted on 7/26/18 at 12:26 pm to IT_Dawg
You are confused.
Have you ever done hiring or job interviews?
Some people sell themselves too well in the interview. They are "applicant champions" on paper and then they turn out to suck in real life.
Showing that you can make money is the norm in the sales hiring process.
Some companies show revenue sales but pay on profit. Which means a top seller might be giving away the product and make little to nothing in take home (not a good salesman).
Show them the W2s, see their offer, and if you don't like the offer then stay where you are.
What's the big deal about showing w2s anyway? You aren't handing them anything that they can use other than verifying what you were worth at your previous job. The comp structure should match their other reps. The only difference might be your starting draw (if they offer that to new hires) or a base salary (which if it truly is a large company may not be negotiable).
When I showed w2s for previous work, it always related to my draw pay as I trained and started the sales plan. Once I was through 3 or 6 months on plan, it was a moot point anyway (because I was good at what I do, it typically was moot after 2 months).
Have you ever done hiring or job interviews?
Some people sell themselves too well in the interview. They are "applicant champions" on paper and then they turn out to suck in real life.
Showing that you can make money is the norm in the sales hiring process.
Some companies show revenue sales but pay on profit. Which means a top seller might be giving away the product and make little to nothing in take home (not a good salesman).
Show them the W2s, see their offer, and if you don't like the offer then stay where you are.
What's the big deal about showing w2s anyway? You aren't handing them anything that they can use other than verifying what you were worth at your previous job. The comp structure should match their other reps. The only difference might be your starting draw (if they offer that to new hires) or a base salary (which if it truly is a large company may not be negotiable).
When I showed w2s for previous work, it always related to my draw pay as I trained and started the sales plan. Once I was through 3 or 6 months on plan, it was a moot point anyway (because I was good at what I do, it typically was moot after 2 months).
Posted on 7/26/18 at 12:27 pm to IT_Dawg
Sales people lie,
Posted on 7/26/18 at 12:28 pm to NYNolaguy1
quote:
would simply state you domt feel comfortable handing that kind of information, especially without some legal protection to guard your right to privacy.
That doesnt make sense. What kind of privacy are you guarding? When you start with a big company you are gonna be subject to an anal probe anyway. Background and credit checks, employment verification, maybe college transcripts, providing multiple forms of identification for the I-9, social security, date of birth, withholding income tax information, IRS allowances, etc.
Posted on 7/26/18 at 12:28 pm to LSUGrrrl
quote:No it’s not. I’ve worked in Sales and Construction (both heavily commissioned) and I’ve never been asked that.
Pretty common for commissioned positions. They want to see your verified income path. Best indicator of success for those type of positions.
If that want sales proof them provide them with customer references.
I’m not thin skinned but that would raise a major red flag if it were me. I’d kindly tell them I wasn’t comfortable with that and ask the reasoning for the request and accommodate their inquiries in another fashion.
I sure as hell would disclose my personal income information. Fuch that noise.
Posted on 7/26/18 at 12:30 pm to Tiger n Miami AU83
quote:Yeah that doesn’t mean they get access to your personal finances from the previous 7 years. I would show them the invoices or proof of sales. There’s plenty of other ways to verify sales instead of someone’s personal finances.
They want to verify that you are good at sales and not making shite up.
A person could claim to be the GOAT sales person making $1M a year in commissions. New company is going to want to verify that.
Posted on 7/26/18 at 12:30 pm to IT_Dawg
It is now illegal in NYC for a potential employer to ask about current salary.
Posted on 7/26/18 at 12:32 pm to Solo Cam
If this thread proves anything, it proves that asking for some W-2's would prove who REALLY wants a job.
OP says they are expecting 20% growth which seems absurd YOY but I don't know the IT field that well. So I'm guessing they want to hire someone that can prove they've delivered x% of growth the last couple of years.
They may be more interested in hiring the 3rd best candidate that can prove his growth over the best candidate that won't prove it.
OP says they are expecting 20% growth which seems absurd YOY but I don't know the IT field that well. So I'm guessing they want to hire someone that can prove they've delivered x% of growth the last couple of years.
They may be more interested in hiring the 3rd best candidate that can prove his growth over the best candidate that won't prove it.
Posted on 7/26/18 at 12:33 pm to Solo Cam
Well, they are not going to make an exception for him and I and others have had to provide W2s and or tax returns in sales positions.
Is what it is. And it is not uncommon for larger companies.
Is what it is. And it is not uncommon for larger companies.
Posted on 7/26/18 at 12:35 pm to Tiger n Miami AU83
quote:
That doesnt make sense. What kind of privacy are you guarding? When you start with a big company you are gonna be subject to an anal probe anyway. Background and credit checks, employment verification, maybe college transcripts, providing multiple forms of identification for the I-9, social security, date of birth, withholding income tax information, IRS allowances, etc.
Most of that is post hire, when they have an obligation to protect their employees privacy.
If a company wants my tax returns with all of my taxable assets on there I would tell them to buzz off. Unless they plan on making me a stake holder in the company they have no business asking for that sort of info.
Maybe youre ok with letting all of that info go into the wild with no strings attached, but I would be much more hesitant.
Posted on 7/26/18 at 12:35 pm to Tiger n Miami AU83
quote:
That doesnt make sense. What kind of privacy are you guarding?
I agree. This is an employer.
If he agrees to work there, they are going to see every w2 moving forward. I don't get the feeling of invasion unless he feels like his w2 is smaller than what they want and he's nervous about the reality.
Posted on 7/26/18 at 12:38 pm to IT_Dawg
Just tell them you post on the OT. That should suffice
Posted on 7/26/18 at 12:40 pm to NYNolaguy1
quote:
Maybe youre ok with letting all of that info go into the wild with no strings attached, but I would be much more hesitant.
I'm OK being different.
If you are hungry in sales, you close the sale. Show the w2. Their hr or sales manager isn't "the wild".
Why limit your options before winning the job? That seems counterproductive.
Posted on 7/26/18 at 12:40 pm to Zanzibaw
quote:
They want to know how much they think they can pay you and save themselves money. Shady tactics
This. They want to offer him just enough to entice him.
Posted on 7/26/18 at 12:45 pm to meansonny
quote:
I'm OK being different.
If you are hungry in sales, you close the sale. Show the w2. Their hr or sales manager isn't "the wild".
Why limit your options before winning the job? That seems counterproductive.
They approached him with a job offer. If they werent interested in him they wouldnt have bothered. If hes not comfortable (as I would be), he can refuse.
In this job market, the days of companies dictating over the top terms to get talent is closing. He can go elsewhere.
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