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Should You Lie About Your Salary

by JC, published: 2011-01-30 05:46 viewed: 891 times
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According to a survey by Vault.com, about 23% of job seekers say that they have lied or would lie during the job interview process. So, the question is, when it comes to salary negotiation, should you lie about your past salary? Here are some tips about tactically answering the past salary question during a job interview.

1. Tell the truth

It is better to be honest. The employer could call your references, so they are going to have an idea of what you make. Whatever you do, don't report a false number, especially in writing. If you give a false higher salary, you will suffer its consequences. If you don't feel like telling the exact salary, just give a range.

2. Report total compensation

Instead of bumping up your salary, you can just report "total compensation". Your total compensation should include salary, bonuses you have received or yet to receive in the near future, and any stock options. This approach will allow you to negotiate all aspects of your compensation package with your new employer.

3. Do salary research and negotiate

Once your prospective employer is aware of your current salary, or at least the range, the first step to getting more pay at your new job is to do salary research. Research salaries for similar positions at salary comparison websites like GetRaised.com, PayScale.com or Salary.com.

Be candid about your logic. Come in with a salary number. Once you have set the bar, you can talk about previous experience, about education or why you are a good fit at that particular company.

Don't be afraid to negotiate your salary upward if you feel you deserve more that you are being offered. If you are unemployed you have less leverage, but if an employer won't increase on salary, then you can at least start discussing bonuses or extra vacation days. There is no harm to ask for more.
Comments (6)
1. yuuniverse4444 2010-12-03 08:31
This is a good salary website

http://www.glassdoor.com/Salary/
2. JC 2010-12-03 09:22
Yes, it is. I know glassdoor being around sometime, but pretty amazing that it grew pretty fast as one of the best employment sites out there.
3. yuuniverse4444 2010-12-04 19:47
I am always interested in how those website collect the data at very beginning to roll up. Basically, they ask your salary and job information after viewing a few pages for free. After you provide such information, you will be qualified to register with unlimited view. But it will be hard at the beginning with no data.

Any insight?
4. JC 2010-12-05 19:56
The job sites typically would seed their listings by getting the employment data from somewhere, either employers directly, or download data from paid or free sources.
5. yuuniverse4444 2011-01-29 20:46
Absolutely you should not lie your salary. The company sometimes will ask your pay stub before your final package & benefit is issued.
6. visitor 2011-01-30 05:46
It seems most people are worried that a low salary could be a negative factor in negotiating a job. But in fact the focus should be negotiating salary based on current "market rate".
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