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Singapura:
After a 13 year succesful career I'm offered a job at another institution. When I started in Singapore I took a slight hit in salary because I really wanted to come out here. I have earned a few certifications, finished my MBA etc. so my market value now should be higher then when I got my last promotion. Unfortunately, there were no increases in pay. A headhunter approached me with a very interesting new role and correspondent salary (considering the financial crisis  :-\ ) At least it's much higher then what I earn now.

All the interviews were succesful, they indicated that they really want me for the job. Now we have entered the remuneration negotiations, the prospective employer suddenly wants to see my current contract and payslip. This kind of surprises me. According to the headhunter it is common practice in Singapore that offers are based on current salary and not on market demand, peer group compensation or qualifications unless you're a fresher. I've never used this when I hired someone, since I tend to look at content not price. If you pay peanuts, you get monkeys right?  8)

Is this practice used in the US? I.m.h.o. this puts the employee at a significant disadvantage. Imagine buying your groceries and the lady at the counter asks for the bill of your last purchases to base a price on.  :dunno

Ed_McCarron:

--- Quote from: Singapura on December 02, 2008, 07:19:28 pm ---Is this practice used in the US?

--- End quote ---

Wow, I hope not...  I've never had that pop up.

protokatie:
Never heard of this either...

Don't forget to hint about the 3 "other" employers who you are in interviews with, and the fact that they have only been looking at your qualifications and market value. Also, stall on getting the salary documents for them, commenting on the fact that you keep them in a safe deposit box (or similar), as you have never heard of an employer asking for this kind of information before. This might turn their hand.

On a related note: Any company that is doing something like this probably doesnt really care about the employees it hires. Maybe an upper manager came up with a "cost cutting" competition with the lower managers, and this is how it ended up. If that is the case, you will be entering into "Dilbert Land"...

Hope the best for you.

danny_galaga:

singapura is from holland, so i dont know that it matters about what you call his MBA  :dunno

good luck with the job though  :)

Hoopz:

--- Quote from: protokatie on December 02, 2008, 08:31:17 pm ---Never heard of this either...

Don't forget to hint about the 3 "other" employers who you are in interviews with, and the fact that they have only been looking at your qualifications and market value. Also, stall on getting the salary documents for them, commenting on the fact that you keep them in a safe deposit box (or similar), as you have never heard of an employer asking for this kind of information before. This might turn their hand.

On a related note: Any company that is doing something like this probably doesnt really care about the employees it hires. Maybe an upper manager came up with a "cost cutting" competition with the lower managers, and this is how it ended up. If that is the case, you will be entering into "Dilbert Land"...

Hope the best for you.

--- End quote ---
+1
Solid advice all the way around. 

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