What is your Current Salary? | How to Answer

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  • Опубликовано: 20 окт 2024
  • With former CEO. The question is "How to answer/avoid the question "What is your current salary?" If you liked this video, please subscribe, to learn how you can get hired quickly and easily.
    This is another video in my "Q&A" series, where I respond to viewer comments. In this video I discuss how to answer "what is your current salary?", what if your current salary is very low, how much money do you make, current salary, how to answer, confidentiality issues, industrial privacy and security aspects, methods of determining an employee's value and compensation, how compensation relates to value, an example involving Steve Jobs and Steve Wozniak, and how I would answer if I was a candidate.
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Комментарии • 176

  • @TheCompaniesExpert
    @TheCompaniesExpert  4 года назад +82

    Sorry - my computer fan started running pretty hard.
    If you've been asked this, what went through your head?
    My "Get Hired" Playlist: ruclips.net/p/PLO4kDC0EWkeCnf8PBRk7XDPhrzmAxHLah

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +6

      @@trooperex123 Makes sense.

    • @elgringoec
      @elgringoec 3 года назад +4

      Exactly what you said, that they were trying to determine my "worth" (as defined by what I was willing to accept at the prior job). I've seen several companies where they'd rather hire according to how cheap a person is willing to work as opposed to what overall skill stack they bring to the operation. It feels like part of the reason is that the hiring is left to the section leaders and self-preservation urges them to steer away from anyone they perceive is capable of doing their job.
      Cheers.

    • @pencollector2105
      @pencollector2105 3 года назад +5

      My current employer asked that question, and I gave an honest and complete answer. The offer came in at my current salary + $5000. Needless to say, I accepted.

    • @floridaoceancurrents
      @floridaoceancurrents 3 года назад +3

      HR Manager here. I've been asked that question many times. Most of the time I believe it's been asked to potentially eliminate me from the process or, for when I get to the offer stage, to not insult me and waste their time when I walk away from their potential lowball offer. I think good companies shy away from this question these days. Thanks for your vids and insights. Great content.

    • @gaynorbrown6312
      @gaynorbrown6312 3 года назад +5

      I always say that this information is irrelevant to this conversation or am not prepared to disclose that information. I have even had a recruiter scream down the phone at me because they could not get this information out of me. They tried every trick in the book to get me to disclose it then obv got so frustrated that they were not getting the info out of me. I cut them off and blocked their number! Another recruiter advised that they had to get this information because their clients needed to know. I told them they don’t HAVE to have this information at all. It’s a way of paying me less.

  • @justsnappy
    @justsnappy 3 года назад +186

    I found your channel last week. What a truly genuine and likable guy.

    • @TheCompaniesExpert
      @TheCompaniesExpert  3 года назад +22

      Wow, thank you!

    • @nimmishj
      @nimmishj 3 года назад +2

      Me too

    • @AndreSamosir
      @AndreSamosir 3 года назад +5

      ​@@TheCompaniesExpert That's true for me as well. You're the more sociable "youtuber" I've ever seen in my life (and I'm almost 40), if that makes sense. So thanks for that. I wish you well and keep up the good work!

  • @vibepusher2717
    @vibepusher2717 3 года назад +165

    "I'm sorry but I am bound by NDA with my current employer in this regard. I hope you see my reticence in answering this as a virtue to be valued by your organization"

    • @thamilanban
      @thamilanban 2 года назад +2

      You should start a RUclips channel and help people

    • @stefanstoleru4407
      @stefanstoleru4407 Год назад

      That's one smooth way to answer that question.

  • @foreverlili
    @foreverlili 3 года назад +14

    I don't think I'll need that information any soon, but I still have binge-watched some videos from this channel and just fell in love with them! Super quick and concise answers. 10/10 Thanks a lot and have a nice week as well!

  • @mzansimoneymatters8471
    @mzansimoneymatters8471 3 года назад +32

    "Unfortunately, my current salary forms part of a confidential agreement between me and my employer, unfortunately, I'm unable to disclose it."

  • @thejebusite
    @thejebusite 3 года назад +18

    Found your channel this morning and I would far rather binge watch your channel than any netflix drama. Very grateful for your insight. Thank you for all your hard work.

  • @eriktempelman2097
    @eriktempelman2097 3 года назад +8

    I have shared your videos with my students, and will continue to do so. Their responses are amazingly positive. Keep 'm coming!

  • @Meister_de_Nicts
    @Meister_de_Nicts 3 года назад +15

    I used your videos to hone-in my interview skills. Thank you for taking the time to make all this valuable content. I got the job!

    • @TheCompaniesExpert
      @TheCompaniesExpert  3 года назад +4

      Congratulations, Kris! You obviously did a fantastic job!

  • @gjespinosa4470
    @gjespinosa4470 3 года назад +3

    Nothing to worry about the computer fan, I would love to help you on that if I were near your office for free. You are definitely ending poverty little by little, by giving us a fighting chance to be a worthy candidate and I don't think there's more noble than that. I've come this far in your 'Quick Hiring' playlist and this is the 1st time I'm gonna place a comment letting you know how I'm thankful with your techniques and also for all those commentators that shared variation of the techniques that gets us a wide diversity to overcome interviews. I don't have a $ to join your channel but I do hope not having to skip any advertisement that's popping up the screen helps you and your channel grow! You are awesome.

  • @JSC77304
    @JSC77304 3 года назад +106

    I hate when interviewers ask this question especially when your current job is not matched with the duties the new job has! what does one have to do with the other in that case ? Sheesh !

    • @waynesantelli8073
      @waynesantelli8073 3 года назад +9

      It is also arguably the primary reason for the inequality and disparities between women's wages as compared yo men. It also is one of the primary reason for the disparity between the pay of people of color and other minorities. States are making it illegal for employers to ask this question at all. Employment law is continually changing and should be a requirement for any HR/hiring manager to have continued education on employment education. You don't need a law degree to do it. The trial and error method costs companies large amounts of money. And who wants that kind of press? To the CEO's specifically. You're welcome.

    • @dynestis2875
      @dynestis2875 3 года назад

      @@waynesantelli8073 hahahahha.

    • @thetechnocrat6388
      @thetechnocrat6388 3 года назад +1

      @@waynesantelli8073 no

    • @derek96720
      @derek96720 3 года назад +2

      @@waynesantelli8073 very true. The average man is much more likely to advocate strongly for himself than the average woman. men on average also tend to value things like medical benefits, retirement benefits, flexible scheduling, etc much less strongly than women. so with this in mind, it's no surprise that companies tend to offer men higher salaries at the expense of fringe benefits.

    • @ralfbuscher6145
      @ralfbuscher6145 3 года назад +1

      Hi, you bring up a really good argument. You want to unfold your potential, you'd like to unleash your brain and your talents, for which there is no room in your current position. This is exactly one of the reasons you want to work for that specific employer because from what you have learned form their values and their work ethics, the will value your engagement. So, get away from money to the point where the want your enthusiasm. You can help them to get better, to unfold their potential, because you are willing to give your best.

  • @dawnamani
    @dawnamani 4 года назад +11

    Hi Bill, I just want to thank you for this video! I have a phone interview tomorrow and I am doing as much research as I can to prep myself. They asked me what my expected salary was in an email but I ignored it and sent them my one way video interview first (which they requested for). They then offered me the phone interview. Hopefully all goes well and I'll get this job!

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +2

      Thanks, Donna! That's great to hear. Best of luck on your interview!

    • @dawnamani
      @dawnamani 4 года назад +13

      The Companies Expert after three interviews Bill, I got the job ! I start the beginning of next month. Thank you for your brilliant advices !

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +5

      @@dawnamani Congratulations, Donna!

  • @motorv8N
    @motorv8N 3 года назад +4

    Great video series. The other part of this trap is when you’re trying to talk yourself up a level or two. If I’m trying to wrangle a director gig, discussing my line manager compensation isn’t relevant.

  • @saratempleton5261
    @saratempleton5261 3 года назад +3

    This was so amazingly helpful. I had been wondering if it was appropriate to have to disclose my previous pay, and your video really helped! Thanks!

  • @raymondbrower7894
    @raymondbrower7894 3 года назад +30

    No longer allowed to ask that question in New York.

    • @02nf2i
      @02nf2i 3 года назад +5

      That’s interesting. I didn’t know that

    • @stevenroshni1228
      @stevenroshni1228 3 года назад +1

      Yep. Because employers figured they could get people to agree to get paid less if they know someone was making less. One bad job could become a the vicious cycle for someone.

  • @blankmedia01
    @blankmedia01 3 года назад +5

    Interesting, really is something I need to work on for interviews. Thanks as always

  • @michaelktm6061
    @michaelktm6061 3 года назад +40

    In the state of Oregon it is illegal for a potential employer to ask about money until they have made you a job offer

    • @fomobull4187
      @fomobull4187 3 года назад +4

      What are you actually going to do about it if they ask you anyway?

    • @michaelktm6061
      @michaelktm6061 3 года назад +3

      @@fomobull4187 we dance around

    • @waynesantelli8073
      @waynesantelli8073 3 года назад +3

      In MA, there is no opinions considered in regards to that question. It is illegal. You may not get the job, but when asked that question simply answer "it is illegal for you to ask me that question." Shouldn't have to do a recruiter or hiring manager's job for them before your even on the payroll. They have or should have an idea of what the market value is for the position and your labor. The point of the question for a lot of companies is to start you off for as little as possible. Don't be lazy, post if it is entry level and so on. My favorite is when the job listing states entry level and then goes on to say "looking for 2 plus years of experience."

    • @BNails
      @BNails 3 года назад +3

      @@waynesantelli8073 Illegal or not, you should consider doing the dance anyway if you want the job.
      If you essentially say "That's illegal", you've eliminated yourself from consideration and the company faces no legal issues. It simply doesn't benefit you.
      Obviously, if you don't want the job and you don't care about burning bridges... break out your inner TV lawyer and go hog wild!

    • @waynesantelli8073
      @waynesantelli8073 3 года назад

      @@BNails yah, you're right. When money is involved we Shouldn't have integrity. And in regards to corporations and businesses laws are mere suggestions anyway. I myself pick and choose which laws to obey. Just think, how awesome it would be if i could have a business where I paid my employees 2$ per hour?? It's business after all and I own a business so I dont have to follow the rules. I'm a big shot now. And just thinkj of the unfair advantages I can have over my competitors when I do what ever it is I want. Yes, you're right Brian. Integrity has no place in business.

  • @OfHellsDesigngaming
    @OfHellsDesigngaming 3 года назад +7

    I hope people are aware that outside of an interview they should be discussing their salaries or wage with their co-workers to make sure there is no discrimination. In the US your employer is not allowed to act against wage discussions among employees. I understand that many work places have made it a taboo topic, which has made many people feel uncomfortable about sharing it. However, it is not against the "rules". Any employer who says otherwise is not worth working for, in my opinion.

    • @roan9869
      @roan9869 3 года назад

      From where I live, discussing your salary with your co-worker is a big no no. Maybe because they don't want people to find out that salary varies regardless if two people have the same job, working the same hours. Sad.

  • @adrianquintanilla850
    @adrianquintanilla850 2 года назад +1

    Great information. Literally going to use this information for next week. Fingers crossed I pass the 1st wave of interviews. 🤞🏽

  • @aaaexcavatorsvietnam1128
    @aaaexcavatorsvietnam1128 3 года назад +5

    thanks for all the good advices, communication and preparation is the key to a successful job interview ! Thank you Sir

  • @sh856531
    @sh856531 2 года назад +3

    I told an employer that I'm not in the business of undermining my own negotiating position. The lady told me that it was company policy that she had to enter something. I told her to put whatever she liked in that box. I didn't go back to the second interview

  • @thijsw6506
    @thijsw6506 3 года назад +3

    Wow! What a great explanation yet again. Very useful tips and very much appreciated!!

  • @ajus009
    @ajus009 3 года назад +7

    The tricky part is that when I mentioned I would prefer not disclosing the current salary at the moment, the HR felt dissatisfied and didn't want to continue further question. Didn't even ask what is my expectation. 🤦🤦

    • @karentaylorsmells
      @karentaylorsmells 3 года назад

      Oh no.. I think we are supposed to frame it more positively rather than them hearing something they take negatively ?

  • @Kris-ym2zr
    @Kris-ym2zr 3 года назад +3

    Thanks for making these videos, they're really helpful.

  • @papagiorgiopaparapapowski1139
    @papagiorgiopaparapapowski1139 3 года назад +1

    I love your videos Bill, keep it up!
    Just the audio could be a little better... maybe it was the laptop’s fan that ran loud in the background.

  • @duane356
    @duane356 3 года назад +62

    Ask the interviewer what his salary is

    • @Jackques
      @Jackques 3 года назад +6

      Lolll... "nooo, you tell me what your salary is silly!" You first!

  • @jaclyn1755
    @jaclyn1755 3 года назад +10

    For California job seekers, it isn't legal to be asked what you currently earn. You can be asked your salary expectations. Great comments and videos; thank you all!

  • @jimmysquares6127
    @jimmysquares6127 3 года назад +7

    Just started to watch your channel... Great stuff.

  • @laurichim5654
    @laurichim5654 3 года назад +2

    I wish I had my work experience and your negotiating knowledge and skills... for sure my salary would have been double by now.

  • @calvintcs80
    @calvintcs80 3 года назад +3

    In my country, Malaysia, it is a common practice that employers put it as a requisite for employees to submit their monthly salary statement during the job application. There are no laws to say that it is illegal. Employers here tend not to overpay but instead prefer to pay the same or slightly lower.

    • @porkbelly872
      @porkbelly872 2 года назад

      I'm genuinely interested in how you deal with this. By giving the statement to the prospective employer you are disclosing your current company and your current pay. They might just pick up the phone to do a referee check without you knowing. If your current company is not aware that you are actively looking for another job, your life in your current company will be made much more difficult later.
      Pay wise, if the new employer prefers to pay the same or slightly lower wage I would think that discourages a lot of people to move.

    • @calvintcs80
      @calvintcs80 2 года назад +1

      @@porkbelly872 the candidate is required to state his/her salary in the job application form. In the event the candidate is shortlisted for an interview, he /her is required to submit their salary slip as a proof to the employer. The candidate risk losing the chance for an interview if they choose not to disclose their salary.

  • @jimdeadlock
    @jimdeadlock 3 года назад +64

    whatever happened to the salary figure being part of the job advert?

    • @michaelktm6061
      @michaelktm6061 3 года назад +11

      Yes that is very annoying these days.If it is not posted than I ask up front before I will even consider an interview or share my resume because why waste my time. And they don't need all my personal information if there is no chance that I am going to work for them.

    • @TuringMachine001
      @TuringMachine001 3 года назад +3

      Yeah... Thankfully, Glassdoor exists.

    • @f21rodrz41
      @f21rodrz41 3 года назад

      @@michaelktm6061 How has this approach worked out for you? Did they disclose it to you or did they simply say, "Depending on experience"? Please share. I am getting emails from potential employers that have viewed my LinkedIn profile, but did not post the salary range. I am currently unemployed, but I am also not desperate. I do not wish to waste my time in an interview if they are going to low ball.

  • @surreygeorge11
    @surreygeorge11 3 года назад +2

    I never asked this question because I don't think it's my business. I found pay wise there was two kinds of employees: Those worth more than you can pay them, and those not worth keeping.

  • @bec_r_r
    @bec_r_r 3 года назад +2

    It's like a silent auction, everyone writes a value on a piece of paper and submits then the auctioneer reviews the submissions and go from there. I have been asked this question many times and I only ever worked in average accounts jobs or administration. Mostly we are paid on a scale already set out that everyone knows so were they asking me because they thought I was rather good and thought I would baulk at the salary they offered, wished I had known that then! Anyway my answer was I am paid the usual scale for this type of work but if I could earn more that would be great.

  • @danbert8
    @danbert8 3 года назад +5

    If it's not fair for you to ask how much they are paying other people doing the same job, then it's not fair for them to ask you how much you currently make.

  • @RageDauntlessWinters
    @RageDauntlessWinters 3 года назад +4

    On point Sir.
    Thank you for such guidance.

  • @vincentshelpfulhints4085
    @vincentshelpfulhints4085 3 года назад +4

    Some states including mine are no longer allowed to ask that question.

  • @lorarooks5515
    @lorarooks5515 Год назад +1

    What about web- based forms that ask this question?
    Some will not allow you to submit the form without numerical data (can't type a sentence in the field.)

  • @tfittread8907
    @tfittread8907 3 года назад +6

    I wish I could tell them "It's non of your business what I currently make".

  • @sushinfudoshin8991
    @sushinfudoshin8991 3 года назад +2

    I have always went with the honest answer. It’s a way for me to know if the company is interested in at least matching what I have, and at the same time I say I expect a salary corresponding to the role and responsibilities.
    It’s a selection opportunity for me, the applicant.
    What is your view?
    Great channel btw 🤩

    • @rajeshkanungo6627
      @rajeshkanungo6627 3 года назад

      Depends on what you think of the hiring company. Would you drop salary requirements for SpaceX.

    • @sushinfudoshin8991
      @sushinfudoshin8991 3 года назад +2

      @@rajeshkanungo6627 if the application is for SpaceX, my remark about expecting a compensation befitting role and responsibilities within the organization applies perfectly.
      If the company wants me leave SpaceX I will tell them, so they will know where I am coming from, and the negotiation will need to be competitive.
      Clarity wins in all cases.

    • @rajeshkanungo6627
      @rajeshkanungo6627 3 года назад +1

      @@sushinfudoshin8991 Thanks

  • @mphorapeo1789
    @mphorapeo1789 3 года назад +3

    Hello there! Thank you so much for the video. I just want to ask( if this question has not been answered yet) how do you answer the " What is your current salary?" question if you have not worked for a couple of years? I've seen a couple of job sites have set this as a compulsory question.
    Thanks in advance!

  • @louchef1013
    @louchef1013 3 года назад +2

    Thank you for taking the time to answer our questions. I have a question how would you answer this question during an applications almost all of the applications I've seen have what was your last salary. Am I requiere to answer them? I feel if I dont asnwer they automatically discard my applications or viceversa they might not like my answer, I'm a chef just curious on how to approach this topic. Thank you again.

  • @blkshadowc2
    @blkshadowc2 3 года назад +3

    I’ve been asked to provide my last w2 statement and most current paystub prior to receiving an official offer. How would you navigate those requests if your interested in pursuing the role?

  • @amidstheroses
    @amidstheroses 2 года назад +1

    What about Recruiter asking: “What are your salary needs?” I was asked that recently. Caught off guard, I told what salary + Bonus were and mentioned OT pay is added also. It felt inappropriate for me to be pressured to disclose that prior to any salary range for job having been given to me. It was not an apples to apples job. I was overqualified, due to 3 FINRA Licenses which were not needed for this job.

  • @syedshahid2018
    @syedshahid2018 3 года назад +16

    You are not experienced enough for this position and salary!? What would be your answer

    • @TheCompaniesExpert
      @TheCompaniesExpert  3 года назад +83

      "Are you asking me or telling me that?". If they double down: "OK, no problem. In that case, I confess I'm a little curious why you called me in for an interview".

    • @PJ-cu4cl
      @PJ-cu4cl 3 года назад +13

      @@TheCompaniesExpert 🙌🙌🙌🙌 that is savage.

  • @mattmunroe4928
    @mattmunroe4928 Год назад +1

    I find that every large employeer is a bureaucratic stranglehold where everything is layed out to the letter. For example, Mayo Clinic pays exactly $23.01 for a Workstation Technician (looks low to me...) Any advice for those situations?

  • @Mika-85
    @Mika-85 3 года назад +2

    I had that just one week ago from a Recruiter that contacted me via LinkedIn. At the phone interview she was like: What's your current salary. So I give her my salary. She: Is that per month or per year? (I gave her my monthly salary.)
    Clearly they had absolutely no idea at all what they should pay my position 😂

  • @wjmorrow263
    @wjmorrow263 3 года назад +4

    I've applied for a position. I received an email asking a few questions and for me to offer a salary range. I wasn't able to deflect the question and reverse the question as your recommendation in one of your video's. SO I did provide a range with an accompanying statement that I was flexible. Should I be low balled on salary I'm going to attempt improvement through other compensation, such as: no moving expensive so perhaps a signing bonus, or awarding holiday time earlier than waiting for a year. Your thoughts?

  • @falayyou
    @falayyou 3 года назад +2

    what if you're willing to accept a pay cut in order to move and develop professionally and get higher value experience with a new firm / geography ? how would you approach that?

  • @coderbypassion7761
    @coderbypassion7761 3 года назад +2

    Hello Sir,
    I am an IT professional from India with 5 years of experience.I have completed the notice period with my employer and am expected to join a company by next week.
    It would be helpful if you share your knowledge and expertise on the following situations.

    1)It is normal for HR to ask for the past 3 months' salary slip before onboarding. I tried not to share the current CTC and I lost multiple opportunities. Normally HR' won't provide an offer for more than 40%. How can I get a better offer considering the situation I am in.
    2)Today my HR informed me that there will be 6 months of probation in the offer. I had attended 3 rounds of technical interviews to get the offer. I have 5 years of IT experience and have another offer in hand with a lesser pay(-20%). a)Which opportunity should I take, considering both the projects have the same level of opportunities to grow my career. b) how to the avoid probation period in my offer.
    Thank you in advance.

  • @mohsinatasneem2546
    @mohsinatasneem2546 3 года назад +1

    I am currently filling up an application form and the company just not only wants to know the total CTC but the break ups also (HRA, pay band, basic pay, dearness allowance, transport allowance, medical, reimbursements, PF, L.T.C, Pension, gratuity, take home), is this not too much of encroachment in applicant's privacy? And then I am thinking that why am I even applying here! But then, every company ask if not all then the current CTC and expected CTC!

  • @harshitkaushik9148
    @harshitkaushik9148 2 года назад +1

    I have just one question while giving answer this question can we also add all our extra variables in current CTC or we need to only provide actuall CTC.

  • @pravinfunde20
    @pravinfunde20 9 месяцев назад +1

    what if i already gave a number, during phone interview, but also i mentioned expected ctc, which was what they mentioned in description, now i have video interview, where they might try to negotiate and offer lower package, what should i do?

  • @ainovice6634
    @ainovice6634 3 года назад +1

    But what if they ask you for the offer letter that your previous company gave (it has all info like salary written), what should I do? (will they reject me if i deny their request?)

  • @ainovice6634
    @ainovice6634 3 года назад +1

    I have doubt, as I am just a student and have fairly not any interview experience in which you negotiate salary or deal with this question. But what if they ask you for the offer letter that your previous company gave (it has all info like salary written), what should I do? (will they reject me if i deny their request?)

  • @degi5672
    @degi5672 3 года назад +2

    Hi
    Expert, gone through your first Answer that not to disclose your salary details as being confidential.
    My question is than how would we justify our Salary negotiation at the time of Final round of interview questions.
    Please explain

  • @CharlesINTEL
    @CharlesINTEL 3 года назад +2

    I'm sorry, I'm bound by the company's NDA or severence contract in this regard. I hope you see my reluctance in answering this as a virtue to be valued by your organization. However, I'm sure that we'd be on agreeable terms based on market average and my experience.
    Can they ask to see the NDA or severence contract?
    What happens if you just add another 10K to your salary and then say oops later?

  • @anthonyharris6881
    @anthonyharris6881 2 года назад +1

    Would telling the interviewer that the current employer has forbidden to disclose salary as its confidential be a good reason? Or just lying about salary saying its higher than it actually is so they think the person is more valuable

  • @ralfbuscher6145
    @ralfbuscher6145 3 года назад +3

    Sorry, I am prohibited by an NDA with my recent employer to disclose the actual number to anyone. I hope that you understand me respecting contracts. But I can assure you that it is above industry standards. The NDA itself is confidential and I am familiar with that concept.

  • @Dr.Suthan0912
    @Dr.Suthan0912 4 года назад +4

    Hi. I got a call from employer and asked my current salary I said them after that now 4 weeks but I didn’t hear anything from them... what does it mean??? Why they are not calling back after hearing current salary? Also if the job application is open, when they will start taking the interview? How long to be waited?

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +12

      If it's been 4 weeks without communication, it seems unlikely to materialize. It's very common for recruiters to ghost candidates like this. That's usually a sign of a bad organization for which to work. Perhaps focus on finding new opportunities - you may have dodged a bullet there.

  • @johnsalkeld1088
    @johnsalkeld1088 3 года назад +1

    I have been a contractor tor many years and worked in banking insurance and consulting - mostly actuarial but some it/data and accountancy sided work. My rate varies wildly as I will take on a role with a lower rate to develop or redevelop knowledge in a subject area - so I have a large range of prior rates - how should I approach this type of query?

  • @jamalkz
    @jamalkz 4 года назад +2

    can you please elaborate what's the best answer for the question :how can you manage multiple tasks in the same time? How can you dealing with multiple tasks under pressure?

    • @jamalkz
      @jamalkz 4 года назад +1

      The second question
      How to communicate with all the partners and maintain business continuity as the pandemic continues?.

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +1

      This is a question about your organizational skills. Do you have a way to determine priorities? Start with that. Then, do you have a system of keeping track of tasks that need to be done - a "to do" list or project management system? Then briefly explain that.

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +1

      Well, there isn't really a cookie-cutter answer to that - it's a very specific question, so you'd have to give a more specific answer that describes what you, personally, do. Daily updates via email to an email list? Standard work hours at your desk?

  • @dogcatmouse1000
    @dogcatmouse1000 4 года назад +6

    Hi there, appreciate your advice on this topic. Just wondering how to answer the interviewers if they still want to know your current salary despite your personal policy on confidentiality and privacy?

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +19

      Good question. Well, I'm sure they still would want to know your credit card number too, but unfortunately, you don't disclose that. It's not a matter of convincing them they shouldn't want it, it's a matter of not disclosing it and they'll have to live with it. If they find this strange or unacceptable, that's like them finding it unacceptable that you won't get them your bank account # on demand. It's actually illegal for them to ask you for this information in certain regions. If they have a hard time accepting this concept, that might not be a good place to work. Hope that helps..

    • @dogcatmouse1000
      @dogcatmouse1000 4 года назад +4

      Yes that makes sense. Thank you.

  • @Donnyonthe1
    @Donnyonthe1 3 года назад +1

    Thank you for the information, and for explaining it clearly. Out of curiosity, are you for or against employees sharing salary information amongst themselves? I know this is a controversial issue as well.

  • @josephinemaurer2645
    @josephinemaurer2645 3 года назад +3

    What do I do if they make an offer substantially lower than I made at my previous employer? When I negotiated for slightly higher than my previous employer’s salary (knowing that I would take my previous employers salary because I was only leaving due to a relocation). Their reply is this is as high as we go and if you’re not interested we will go on to the next candidate.

    • @jasminkelley934
      @jasminkelley934 3 года назад +2

      if you're okay with it financially, go with it for now to help smooth out your relocation & keep looking for another job that's willing to meet your salary expectations.

    • @BNails
      @BNails 3 года назад +1

      It depends on your situation.
      If you are in a position where you need a job soon, take the offer and then just keep looking for another job that doesn't screw you over like that.
      If you are in a position where you can wait, consider telling them that you negotiated a number and want to stick to it and that you expect them to hold up their end of the bargain. If they balk, leave - it likely wouldn't be a good place to work anyway, considering they are treating you like this before you even start.

    • @MarshallSambell
      @MarshallSambell 3 года назад

      I was getting paid 83k a year plus benefits (10%) at the beginning of 2019. I accepted a position today at 42k a year plus benefits. I came in today on my first day and began to teach my team how to improve the workflow of my own accord and my immediate manager says that they will end my probation early and my pay will go up to 55k a year plus benefits. Take the job in this difficult market and show them who you really are.

  • @Linuxgnuorgme
    @Linuxgnuorgme 2 месяца назад +1

    You saved my career

  • @zpvnrt
    @zpvnrt 3 года назад +3

    What if you have a non-disclosure agreement with your current employer about salary and benefits?

    • @skj9163
      @skj9163 3 года назад +2

      That completely lets you off the hook. You are legally bound to not disclose. If you don't get the job because of that, then you wouldn't want to work for them anyways. If they want you to break not only your word, but a legal contract without even working for them, what would they want when you did???

    • @zpvnrt
      @zpvnrt 3 года назад +1

      @@skj9163 that's what I was thinking... in the end, the only truly valuable thing we poses in any position is our integrity.

  • @Peter_B_
    @Peter_B_ 3 года назад +5

    When the recruitment consultant asks you this question, hang up the phone. They are wasting your time and have no intention on hiring you. It is none of their business.

  • @mangodoy1144
    @mangodoy1144 3 года назад +2

    Thank you for the advice

  • @craigl.3061
    @craigl.3061 3 года назад +1

    what do you do when the online application forces you to put a number? Do you aim to the stars or put zero? Either will be a deterrent for HR to call back. Thoughts?

  • @siennehaman2146
    @siennehaman2146 2 года назад +1

    What about companies that force you to enter a number in the application form itself?

  • @cocorox9677
    @cocorox9677 3 года назад +8

    Hi Bill,
    I just came across your channel today and finding the question: "what are your salary expectations?" on on-line application forms and is a mandatory question to be answered. Most times it wants an amount and won't allow a range. Any advice? Very frustrating. Thank you!

  • @AonyjsViolmlar05
    @AonyjsViolmlar05 3 года назад +2

    What if the interviewer insisted to know the figures what is the answer i can give them? I already used this once but they did not accepted it they keep forcing me to give the numbers. And also i have this one company that requires me to give them a copy of my Paycheck as a requirements along with my resume and other usual job requirements employeer ask.

    • @roan9869
      @roan9869 3 года назад +1

      That's insane. They can always do a background check to verify the info.

  • @benoitdalle8536
    @benoitdalle8536 3 года назад +2

    Good insight.

  • @Absaalookemensch
    @Absaalookemensch 3 года назад +2

    With or without benefits, vacation and sick time, 401k matching, healthcare/dental insurance, paid continuing education, travel reimbursement, bonuses, relocation and housing benefits?

  • @Paltibenlaish
    @Paltibenlaish 3 года назад +3

    I've been asked how much do you want to earn?
    what do you suggest?
    thanks

  • @paulofernandoee
    @paulofernandoee 2 года назад +1

    Great video

  • @dkshen3870
    @dkshen3870 3 года назад +1

    illegal to ask this question in ny, they can only ask ur salary expectation

  • @xzone6976
    @xzone6976 3 года назад +6

    Hi Bill, all of ur other videos are great for someone like me who preparing for an interview. But nowadays, most companies (esspecially my country) will gv their application form to fill up our current and expected salary,. How to handle this?

    • @TheCompaniesExpert
      @TheCompaniesExpert  3 года назад +1

      Hi X Zone, Depending on the details, if could be a long explanation. Hopefully this video helps: ruclips.net/video/RmcOogREWJU/видео.html

  • @roypoulos1378
    @roypoulos1378 3 года назад +3

    Can’t the interviewer do a reference check at you past job and just ask them how much you were making?

    • @tendelle
      @tendelle 3 года назад

      Your last employer isn't allowed to reveal this

    • @roypoulos1378
      @roypoulos1378 3 года назад

      @@tendelle interesting. I wonder if that varies from state to state.

    • @Jordan4601
      @Jordan4601 3 года назад +2

      Yes most of my new employers ask this with the reference form and all my previous companies provide this information.

  • @patrickcogley
    @patrickcogley 3 года назад +2

    What are your thoughts on just inflating your current salary? Say if you make $50k and you want to make more, stating you make $60k+ in a hopes that their offer comes in higher? I've always been told that if they contact your current employer they can just ask if you work there/are re-hireable and they cannot ask if you make $X/yr.

  • @BillBennettYoga
    @BillBennettYoga Год назад +1

    What do you put on an application what is your desired salary when it must be filled in? 🙂

    • @TheCompaniesExpert
      @TheCompaniesExpert  Год назад +1

      ruclips.net/video/RmcOogREWJU/видео.html

    • @BillBennettYoga
      @BillBennettYoga Год назад +1

      @@TheCompaniesExpert I’m a nurse. Been interviewing like crazy. Finally today had a 3rd one at a job I wanted. I stayed cool. Thank god I watched your videos. Today they asked the want to do you want $$. First they said they cannot afford to pay me what I’m worth. I said I’m flexible but I need to know more about the job description. I swear it was like a half an hour of ping pong. They could not get a number out of me. I just kept throwing it back as a question. The lowest number in my head was $35 an hour with shift differential and benefits. Finally they said how does $39 an hour sound to start. Up for raise in 90 day performance review. Hired.
      I cannot thank you enough
      You’re right. The first interviews all I thought about was getting hired.
      It’s a f**+*ing game. Like Squid games on Netflix for your career.
      I was really getting depressed. Kept taking not getting hired personally
      When basically I needed to shut my mouth and not talk so much.
      I cannot thank you enough.

    • @TheCompaniesExpert
      @TheCompaniesExpert  Год назад +1

      Congrats, Bennett! You really worked for that success!

    • @BillBennettYoga
      @BillBennettYoga Год назад +1

      @@TheCompaniesExpert why did they not teach us how to interview in college. Same reason they don’t teach balancing your checking account in high school.
      Seriously. Thank you. I was going down a rabbit hole of depression. 👍🏻.

  • @225rip
    @225rip 3 года назад +1

    What if it is on an application? Do you skip that question?

  • @lhotzmoto1970
    @lhotzmoto1970 3 года назад +2

    How to properly answer if they ask question “what is your passion?”

  • @leehant
    @leehant 3 года назад +4

    Just tell them your expectations and during the talk find out if you are willing to go for their KPIs.

  • @flyhigh5066
    @flyhigh5066 3 года назад +1

    My highest salary was X, next salary was X/2 , last salary was (X/2) / 2😁 now I am jobless. Which salary should I negotiate on, the highest or lowest.

  • @jamalkz
    @jamalkz 4 года назад +4

    Thanks for the helpful information 😊

  • @GeorgeGiann
    @GeorgeGiann 3 года назад +1

    Very helpful

  • @shahriarkhan9522
    @shahriarkhan9522 4 года назад +2

    What if they ask this to put it in cover letter

    • @TheCompaniesExpert
      @TheCompaniesExpert  4 года назад +3

      Great question - I did a video on how to answer if it's a job application. The same thing would apply to a cover letter:
      ruclips.net/video/RmcOogREWJU/видео.html

  • @DupaSuperBoy
    @DupaSuperBoy 3 года назад +1

    What is your current audio recording device?

    • @blizzbee
      @blizzbee 3 года назад +1

      NoizeTech, i guess

  • @JoseFlores-jc3ns
    @JoseFlores-jc3ns 2 года назад +1

    I tell them you dont have the right to ask me that

  • @toocoolforschool20
    @toocoolforschool20 3 года назад +1

    What’s your opinion on making up your salary?
    For example, if they ask said question and you answer with the salary of what you want. I currently make $50K and I want 90K. So I tell them I currently make $85K hoping that if my candidacy is successful they will offer 90K

    • @TheCompaniesExpert
      @TheCompaniesExpert  3 года назад +1

      Hi Rohit! It can work but it's risky. #1 They may be able to verify, and #2 You may price yourself out of the job. See my video on salary negotiation.

    • @toocoolforschool20
      @toocoolforschool20 3 года назад +1

      @@TheCompaniesExpert thank you!

    • @andrewTaylorCodes
      @andrewTaylorCodes 2 года назад

      @@inthebooks3947 there are data brokers that have this info. I forget the name of one such service. But it’s used to verify former employment dates, titles and salary. Also, sometimes Credit reports provide additional insights.

  • @mamonaislam1668
    @mamonaislam1668 4 года назад +4

    😂 it does suck