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by swiftcoder
2631 days ago
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No. If you give your current salary during a negotiation, the other end is going to come right back with that salary +5% (at best). Hidden information is your friend in any negotiation, but especially here, since the hiring folks also know how variable industry salary ranges are. You want to put the first move in their court - decline to give your current salary at all costs, and ideally also avoid offering up your preferred compensation number until they've made a first offer. The only point where quoting your current salary makes sense is if the company offers less than you are currently making, and you are in such a bad situation at your current where you'd be willing to absorb the pain of changing jobs for no additional money. |
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A better strategy is to really research competitive wages and anchor high by honestly saying what you want. If they can’t come close, then walk away. If they ask you to compromise, tell them you’re not going to negotiate against yourself by stating any specific compromises, that you arrived at what you stated by considering what you’re worth, and that you’re happy to consider any kind of offer they would like to make, but that to accept an offer you have to believe it is competitive for the value you can add.
Any arguments about salaries at different cohorts of companies, or salary bands based on years of experience, just outright ignore and tell them if it’s a dealbreaker, you understand but aren’t going to compromise just because of their pay bands or random assertions about market analysis.