Salary History

Salary is an important part of job. Many people change jobs because they are not getting the salary they expect. They get attracted to a new job offer due to the compensation package that the company is offering. Your salary is the market value of the skills, experience and expertise that you have. So, salary is an important feature when it comes to accepting and denying a job offer. A lot of companies these days, look at the candidate's salary history before a job offer. Many times, the employers ask for a complete salary history of a candidate. The salary history is a complete list of salaries that you have received at various job positions in different organizations through out your career. The history also has information about the dates of employment, name and address of work places where you have worked in various capacities as well as job designation. This history gives the employer complete knowledge of your career as well as the salary that you have earned all these years. You need to mention the starting salary at a particular position followed by the ending salary in this history. This showcases your performance and salary hike that you received in the company.

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This salary history gives the employer an idea about the salary range that you will accept for a new job offer. Every individual's style of drafting a salary history is different. It depends on what you need to highlight. It may be the salary, salary hikes, period of working, etc. This history is enclosed with the cover letter if the employer has requested for. Do not give this history if you are not asked for it. You have to give authentic information about your salary in the past companies where you were working. Do not give wrong information as it will create a bad impression. The organizations will always check your salary, skills, and experience before appointing.

This salary history gives your exact market value to the employer and an idea about how you will be negotiating the salary. After looking into this history, the employer quotes the salary offer to the candidate. Whether to give out salary history or not is a point that is debated often these days. There are people who feel that salary is a confidential matter so it should not be disclosed whereas there are some who think that this helps in showcasing your market value. It is an individual choice as well as it is drafted according to the organizations needs.

If an individual feels that if the employer's demand of salary history is fulfilled then he or she will get a better deal. If this perspective is used then you can always give your salary history. This depends on the organization you and the position you are applying for.