|
|
|
|
|
by tptacek
5259 days ago
|
|
Prospective employers want your current salary so they can get a bead on what the negotiating floor is. Most prospective employers hear "$80k" and immediately assume "we can get this person for $88k". You might be worth $90k, $95k, or $110k, but once you said "$80k", you gave the prospective employer's HR team an excuse to play hardball: they know they're not going to insult you, even if their opening offer is $20k lower than what they expected to pay the role. Don't tell people your current salary unless you know it's going to help you, and be wary of taking negotiating advice from anyone who thinks you should disclose it as a matter of course. Your current salary has nothing to do with how much you are worth to a new employer. |
|
My father is a real estate agent, and real estate agents have demonstrable blind spots (seriously, academic literature exists on this) for negotiation when negotiating for clients versus when selling their own homes. When they're selling their own home, five hours of extra work might add $5,000 to the sales price, so of course they go the extra mile. When they're selling a client's home, five hours of extra work might add $5,000 to the sales price but their commission check only goes up by $300, so they'll generally opt to tell you "That's a really fair offer. You should take it. Can we close this today? I have a young couple who I'd really like to meet with now about buying a brownstone, and the expected value of my time with them is way higher than the marginal value of my time with you. Oh whoops did I just say that out loud?"