I took a relatively low paying university position with excellent tuition benefits (100% tuition waiver) and a stellar work environment (only a 35 hour work week and four weeks of vacation!) while I complete my MBA. I also am gaining valuable experience as a supervisor and other useful skills to compliment my 5 years work experience in financial services. My pay before starting my MBA program was much higher, but still mediocre due to living in a low cost of living area. I now live in a much more expensive city. How much of an impact will my salary history have when I begin looking for a new position next year with an MBA and 6 years of professional experience? What might I do to increase my earning potential?
2007-08-06 12:20:42 · 4 answers · asked by Madelaine 1 in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
If the interviewer asks what you have been making, and they probably will, tell them all the things you have said in your question, and point out that for those reasons, what you are making now is not relevant.
2007-08-06 12:37:23 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
Typically employers have a salary range when offering a position. It is probably an advantage to have a lower salary when interviewing for a job as all things being equal corporations will go for the lower salary. In addition you could expect larger increases if you are lower in the range and also have a little less pressure on you while you are learning you new job. The employer will take into account you MBA so i think you might be surprised on your salary increase from your present position.
Good Luck!
2007-08-06 12:28:37 · answer #2 · answered by Acctman 6 · 0⤊ 0⤋
Your current salary should not affect your next. You should insist that that information is not critical to your new job and therefore should not be necessary to reveal at the time of application to your new job. Prospective employers have no legal right to ask - this is only information that you volunteer.
2007-08-06 12:34:53 · answer #3 · answered by butch 5 · 0⤊ 0⤋
Learn to give a dynamite interview. Dramatize the experience you gained at your present position and make it CLEAR that you are on your way UP!
Bottom line, if they want you, they will pay for you.
When I interviewed for my present position, I got almost 10K more than I thought I could.
You're worth it, and if you ACT like you're worth it, they will pay.
GOOD LUCK!
2007-08-06 12:27:55 · answer #4 · answered by hail_loki 3 · 0⤊ 0⤋