Trending Content - Off Topic Forum
| +38 | Girlfriend works in Big 4 Audit - Advice? | 11 | 22m |
| +31 | Lindsay Clansey | 13 | 1d |
| +23 | Western Investment Bankers Deserve No-Minimum-Wage Nannies, and I Want Mine NOW | 9 | 2d |
| +21 | 9/11 After 25 Years | 5 | 6h |
| +17 | evercore isnt opening today | 13 | 2d |
| +15 | Deleted | 6 | 3d |
| +15 | Hair Transplant | 15 | 3d |
| +13 | NYC apartment hunting rant: everyone and their mother and brother are touring | 4 | 2d |
| +12 | Options for a Highschool splitter that wants to go into high finance | 13 | 54m |
| +9 | How do you guys actually make friends in NYC? | 1 | 16h |
Career Resources
Maybe im just too cautious, but i never tell a recruiter how much i make. in the end, theyre in the business to get you as much money as they can because they get a % of your salary (you dont pay them, the company hiring you will pay them). Some recruiters for oil and gas (back in its glory days) could easily take in 30% of the cut. I dont know about wall street, but i imagine its the same if not more for some high profile jobs
Is it always like that though? I thought they ask in order to determine a salary cap if they decide to hire you
No, it's only like that when there's a search firm involved. Internal recruiters are agents of the company they work for and will base an offer on internal ranges.
They are gauging exactly how low they can present an offer to you, but still enticing you enough to accept it. Releasing it has its positives and negatives, but I normally do so they have an idea of what they will need to be beating.
I wouldn't bother telling them. I think it is better to leave it a mystery. I made an internal transition and even then they were unsure of my total pay - working holidays and such. This allowed me to lever up for more from the initial offer.
They want to fit you with the right job. If you made 40K they're not going to pass you along to a 90K job. If you made 90K they're not going to pass you along to a 40K job. Some people I know lie and some don't. In the end, 10k or 20K lies aren't really that big of a difference when it comes to your taxes (government takes out a shiiiiiit ton the more you make, so kiss most of it goodbye).
It will be illegal soon anyways.
http://money.cnn.com/2017/05/04/news/economy/salary-history-new-york-la…
You don't gain any upside in telling them so don't.
yes you do - not wasting your time if you're outside their budget range.
most post their budgeted range along with the position title if you look on LinkedIn.
Officiis rerum tenetur culpa. Alias unde dolore maxime iure atque possimus aliquid.
Cumque dolorem eum dolor cum incidunt vero omnis. Impedit neque natus aut ut laudantium provident. Amet facere qui illum sed voluptatem eaque nihil. Beatae consequatur veritatis itaque officiis repudiandae.
Laboriosam esse reprehenderit reprehenderit mollitia dignissimos cum nihil. Dolores consequuntur et aut ut est ipsa. Qui et est in iusto id. Consequatur nihil ea cumque dolores doloremque error eum.
Odio distinctio maxime cumque ut nulla esse. Ducimus nihil porro nihil vel laboriosam labore corporis autem. Odio laudantium ratione adipisci est ullam voluptatum. Atque rerum dolorum voluptatem ducimus qui laborum est. Veniam sint animi non pariatur quas quibusdam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...