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re: Hiring company want previous W-2’s

Posted on 7/26/18 at 2:44 pm to
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76104 posts
Posted on 7/26/18 at 2:44 pm to
IT,

Ive read the whole thread so far and I get the feeling you fudged your income history on the application. Otherwise you’d have no problem providing the documentation.

There’s no way to hustle yourself out of this situation..... without alot more details.


Eta- the irs income verification form is called a 4506.

If you ever bought a house, you have signed one.

Eta2- say you don’t have 7 years but here is two years. And one is low thus why im looking to make a move.
This post was edited on 7/26/18 at 2:48 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 2:45 pm to
quote:

Why the paranoia?


I'm not paranoid, it's just none of their business. Why are they more privy to what I make more than anyone else. My wages at another employer have no impact on what I can bring to them.

Attitudes like yours are the reason it's common practice. I don't have anything to hide, but I'm not going to just share either.
Posted by PUB
New Orleans
Member since Sep 2017
21197 posts
Posted on 7/26/18 at 2:50 pm to
GHOST Them - Disappear and Do NOT Respond
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 2:52 pm to
Well... your sales results at your current employer are their business.

The profitability of your prior sales is their business, too (there is such a thing as writing bad business or not profitable business).

I will never forget the old sales mantra..."we lose $400 on every sale. But we can be sure to make it up in volume".


Your attitude doesn't get the job.
Maybe it is a great job. Maybe it sucks (sometimes the 800 pound gorilla employer is not the best place to be).
But your attitude wouldnt get the job offer. And you wouldn't have reserved the right to accept or reject the offer.

That is the fear of not providing the figures.
That is the negative consequence of noncompliance.
Losing the opportunity to say yes or no is something to be paranoid about (limiting options is generally not the best option).
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 7/26/18 at 2:54 pm to

Stop posting and get back to work.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 7/26/18 at 2:55 pm to
Well, every employer I have ever gotten a job offer from asked me what I was making or are making at my current or previous employer. In fact, it usually gets asked in the first interview.

Now, I've worked for financial institutions in sales with a base and commission based position, as well as for law firms and accounting firms.

The law and accounting firms know what the industry average is. They want to know how much you make at your current employer because they need a starting point for an offer. Practically no one will leave their current job for less pay, so they need to know where the starting point is in the industry range. For example, a senior tax manager can make from $120k to $180k. If you are a senior tax manager the accounting firm needs to know where in that range you are. They do not need to verify your salary, they will take your word for it as it is a pretty set range largely dependent on experience. For example a senior manager with 10 years is going to be around 120k. One with 15 years is going to be $150k (in a large metro area with a larger firm)

A commissioned sales position is not driven by experience but how much you make for the company. They will want actual verification of your skills before they just hand over a multi million dollar book of business.
This post was edited on 7/26/18 at 2:59 pm
Posted by Tiger Ryno
#WoF
Member since Feb 2007
108726 posts
Posted on 7/26/18 at 2:57 pm to
Tell them to show. You the w-2s for all of their sales people the past 7 years to verify
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 3:02 pm to
quote:

Well, every employer I have ever gotten a job offer from asked me what I was making or are making at my current or previous employer. In fact, it usually gets asked in the first interview.


And I've never been asked that.

quote:

The law and accounting firms know what the industry average is. They want to know how much you make at your current employer because they need a starting point for an offer.


Asking what you would need to make a move and wanting your W2 aren't at all the same thing.
Posted by YipSkiddlyDooo
Member since Apr 2013
3820 posts
Posted on 7/26/18 at 3:04 pm to
quote:

They want to verify that you are good at sales and not making shite up.


Isn't making shite up about yourself or a product so that it is more desirable...the definition of sales?
Posted by stat19
Member since Feb 2011
29350 posts
Posted on 7/26/18 at 3:05 pm to
I'd tell them no.
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11195 posts
Posted on 7/26/18 at 3:06 pm to
quote:

If a company wants my tax returns

W2 =/= Tax Returns
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 3:07 pm to
quote:

Tell them to show. You the w-2s for all of their sales people the past 7 years to verify


I've invited people to ask sales reps these questions.

I was open to do the same when I hired on to my current employer.

I didn't ask a prospective coworker to see w2s. But there shouldn't be any fear in this information. I don't understand why communication is a sensitive point.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 3:11 pm to
quote:

I didn't ask a prospective coworker to see w2s. But there shouldn't be any fear in this information. I don't understand why communication is a sensitive point.



I'm not sure how you don't recognize all of the potential pit falls of people knowing what others inside an organization make.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 3:12 pm to
quote:

I'm not sure how you don't recognize all of the potential pit falls of people knowing what others inside an organization make.



Let's try this again.

What are you afraid of?
What is the potential negative consequence?
Posted by Deep Purple Haze
LA
Member since Jun 2007
71740 posts
Posted on 7/26/18 at 3:13 pm to
tell them to frick off
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/26/18 at 3:19 pm to
quote:

What are you afraid of?


Again, nothing

quote:

What is the potential negative consequence?


Jealousy or resentment between employees because of wage differences whether justified or not. Creating a toxic workplace
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11195 posts
Posted on 7/26/18 at 3:19 pm to
quote:

I get the feeling you fudged your income history on the application.

This is becoming pretty obvious.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/26/18 at 3:22 pm to
IT? So you have Acrobat X probably?

Just doctor them up to what you think they want to see on them.
Posted by NYNolaguy1
Member since May 2011
21842 posts
Posted on 7/26/18 at 3:25 pm to
quote:

What is the potential negative consequence?


If he's running a side gig (like a lot of IT guys) I am not sure it would be wise to disclose that at the interview stage.

Not sure if thats whats going on here, but it would be a concern.
Posted by meansonny
ATL
Member since Sep 2012
27029 posts
Posted on 7/26/18 at 3:26 pm to
quote:

Jealousy or resentment between employees because of wage differences whether justified or not. Creating a toxic workplace


It's sales.

If you are jealous of what someone else makes, then work smarter and or harder.

Having these conversations on the front end of a hire avoids false preconceptions of the job.

How long does it take to ramp up? What is the short term target? What are the mid and long term possibilities?

Sales isn't easy. If someone is used to making 180k/yr, but they are looking to make a switch... will they be happy if the first year doesn't match the 180k?

If I think I am hot stuff... it might behoove me to know what the top producer in the branch makes so I have an expectation of what the territory offers.

My company pays about 100k in base pay, benefits, and training in the first year (earned commissions are on top of this). The last thing I want to do as an employer is to "sell a new hire" on how great the job is when their first year or two may not meet that reality. Better to know on the front end than after going through the hiring and training process.
This post was edited on 7/26/18 at 3:27 pm
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