Why Disclosing Your Last-Drawn Salary Matters When Switching Careers
When switching jobs or making a career move, one question you’ll likely face is: "What was your last-drawn salary?" While this question can feel uncomfortable or even invasive, it's a common part of the recruitment process. But why do employers ask for this information, and how should you handle it? Our latest blog dives into the reasons behind salary disclosure requests and how understanding them can put you in a better position during negotiations.
We explore how employers use your past salary to benchmark their offer, assess your experience, and streamline the negotiation process. But sharing your salary history can have both pros and cons, and it’s essential to be prepared. While transparency can lead to better offers and build trust, it can also limit your earning potential or create bias in hiring decisions. Knowing how to respond is key, especially if you feel your previous salary doesn’t reflect your true value in the current market.
In this blog, we share practical strategies for handling the salary disclosure question with confidence. From framing the conversation around your skills and contributions to knowing when to politely decline sharing your salary, you'll learn how to manage these discussions on your own terms. Plus, we cover the growing trend of pay transparency and how it’s changing the way employers approach compensation, helping to create fairer and more equitable salary practices.
Whether you're actively job searching or preparing for future career moves, this blog will give you valuable insights into why salary disclosure matters and how to navigate it successfully. Empower yourself to take control of salary negotiations and land the compensation you deserve. In addition to understanding the reasons behind salary disclosure, our blog also explores the legal aspects surrounding this topic. With salary history bans becoming more common in various regions, it's crucial to know your rights as a candidate. Many countries and states have introduced laws that prohibit employers from asking about your past compensation to promote pay equity and reduce wage gaps. This shift towards salary transparency is empowering employees, giving them the leverage to focus on their skills and value rather than their previous paychecks. By being informed about these regulations, you can better navigate the job market and approach salary negotiations with greater confidence. Read the full blog to arm yourself with the knowledge and strategies you need to thrive in your career transitions :