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re: Hiring company want previous W-2’s

Posted on 7/26/18 at 1:22 pm to
Posted by convertedtiger
Baton Rouge
Member since Aug 2010
2789 posts
Posted on 7/26/18 at 1:22 pm to
quote:

You are dumb.


I would agree. I was thinking of pay stubs.

But still, you are a such a towering intellect for resorting to name calling. Watch out for that guy!
Posted by cas4t
Member since Jan 2010
72195 posts
Posted on 7/26/18 at 1:24 pm to
quote:

I'm sure they have plenty of other candidates willing to turn those documents over.


it's not smart of any candidate to offer this info. I treat this question the same as I do with a recruiter when they ask what I'm making. It doesn't matter what I'm making now. Here are the results I've had, how much money I've made my employer, and client and employer references as well. Make me an offer and we can go from there.
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/26/18 at 1:25 pm to
quote:

checking employment gaps, just provide them with redacted earnings.

I think it's this. Specifically the number 7. That's the usual number when checking employment history. Just redact them.
Posted by DCtiger1
Member since Jul 2009
11924 posts
Posted on 7/26/18 at 1:32 pm to
Just tell them they don’t need a sales person, because, according to Mingo Was His NameO, their customers can just find everything you sell on google for themselves.
This post was edited on 7/26/18 at 1:36 pm
Posted by Peazey
Metry
Member since Apr 2012
25427 posts
Posted on 7/26/18 at 1:38 pm to
That seems sketchy as hell to me. I guess the spin on their end since it is a sales position that I would assume is based on commission that they want to verify sales growth and performance? I don't know, but I wouldn't do it.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 1:38 pm to
quote:

The approach I feel I should take is simple.

“I have provided you with my quotas, my quota attainment via my resume and through references and stack rankings. I also informed you that I have been 100% commission for the last 13 years. I do not feel comfortable giving you financial insight into how my organization pays their existing employees. That is not fair or ethical. Furthermore, I have proven with C-level references and throughout my interview process, including the 4 hour mock sales presentation, that I have the capability to provide your organization substantial benefit for adding me to the team. If that is not sufficient enough, I apologize for taking up each of our time during the process”


That is a fair statement.

quote:

That is not fair or ethical.


What does this mean? How do you explain your thought process on this?
Posted by sabanisarustedspoke
Member since Jan 2007
5960 posts
Posted on 7/26/18 at 1:42 pm to
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



Don't give it to them. They're just trying to save money by figuring out what it would take to steal you. Your job is not to help them low ball you. I would tell them respectfully I'm not comfortable giving that out and tell them to offer what they feel comfortable offering and then you will decide.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 1:46 pm to
I swear... I don't think many on here understand how sales jobs/compensation works.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 1:47 pm to
quote:

I don't think many on here understand how sales jobs/compensation works.


There's ways to show them you can sell other than showing them how much money you make. That should be between you and the person that signs your checks.

But frick it, that's what the potential employer works so submit like a peon.
Posted by REB BEER
Laffy Yet
Member since Dec 2010
18340 posts
Posted on 7/26/18 at 1:58 pm to
This just happened to my wife. The company wanted her last 2 W-2's before they made her an offer. She gave them and they knew they would have to offer more to get her, so it worked out for us.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 7/26/18 at 2:00 pm to
quote:

swear... I don't think many on here understand how sales jobs/compensation works.





That is obvious.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 2:04 pm to
quote:

This just happened to my wife. The company wanted her last 2 W-2's before they made her an offer. She gave them and they knew they would have to offer more to get her, so it worked out for us.


How do you know? Maybe they planned to offer her 5k more but saw what she was making? Theres really no way to know if it helped or hurt
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 2:07 pm to
quote:

This just happened to my wife. The company wanted her last 2 W-2's before they made her an offer. She gave them and they knew they would have to offer more to get her, so it worked out for us.



She's not in sales.

I know because that isn't how offers work.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 2:16 pm to
quote:

There's ways to show them you can sell other than showing them how much money you make. That should be between you and the person that signs your checks.

But frick it, that's what the potential employer works so submit like a peon.


When I hire someone, their prior w2 will not change my company's comp plan.

There is no, "let's give him/her a 5% raise" because that is not how commission based employment works.

And at a large company, the base salary is non-negotiable.

The only thing that the w2 will tell the new employer is "what league" you are playing in.

If you are the top salesman in your company and you bring in $80k/yr, it tells me something.

If you are a middle sales rep and bring in $150k/yr, it tells me something.

It doesn't change the comp package that I give you.
It doesn't change the base pay.

The only thing that might change is the draw pay for the first 3 to 6 months.
The $150k/yr sales rep should be able to negotiate a better draw to start out as he/she figures things out at my work.

My perspective is from large companies. Not a mom and pop operation. Not a regional player (although I wouldn't expect much difference excluding a base pay difference which could easily be described as which metropolitan area do you live).
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20543 posts
Posted on 7/26/18 at 2:22 pm to
It seems like that information would be protected, much like your medical records. I get why they are asking for them, but that seems kind of chicken shite to me. I would do like a couple of other folks say, and black out the numbers. The other information is none of their fricking business.
Posted by athenslife101
Member since Feb 2013
20645 posts
Posted on 7/26/18 at 2:27 pm to
quote:

know it’s illegal in the financial industry to even ask


But they require your social security number for some interviews. JP Morgan and BofA want socials on your applications.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 2:30 pm to
quote:

But they require your social security number for some interviews. JP Morgan and BofA want socials on your applications


I see no problem with that, it's protected and they have regulations they have to follow as far as who they hire. Them knowing how much money you make, however, is different
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 2:32 pm to
quote:

Them knowing how much money you make, however, is different


You have every right to say no and not take the job.

But I'm curious as to what you are afraid of with a future employer seeing your w2 (or sets of them).

Do you care to explain the paranoia?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 2:37 pm to
quote:

But I'm curious as to what you are afraid of with a future employer seeing your w2 (or sets of them).


Because what I make now is none of their business.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 2:41 pm to
quote:

Because what I make now is none of their business


That isn't a fear.
That isn't a negative consequence.

Why the paranoia?
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