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Inflating salary
Marco_Brandon
Posts: 41 Forumite
Hi,
I am considering looking for a new job at another firm as I just recently qualified and many firms are offering far more than my firm.
A lot of people I have met have always said they inflated their current salary slightly to get a slightly higher offer.
Unethical it may be but I am considering inflating my salary by £2,500. At the moment I am earning £25,000 but I am planning to inflate that to £27,500 in the hope of getting a market rate salary of £28,000 (ish).
What are the chances of getting caught? When I submit my P45 to HR at my new employer will HR know I lied? Specifically, would they communicate the details on my P45 to my line manager, company partner, director etc?
In terms of background checks I thought it was illegal for a new a employer to ask the old employer about my current salary?
I am very keen to hear from someone who has real experience in this and knows how it works.
If someone is keen on having a go at the ethical or moral issues with this then keep your thoughts to yourselves please.
Thanks
I am considering looking for a new job at another firm as I just recently qualified and many firms are offering far more than my firm.
A lot of people I have met have always said they inflated their current salary slightly to get a slightly higher offer.
Unethical it may be but I am considering inflating my salary by £2,500. At the moment I am earning £25,000 but I am planning to inflate that to £27,500 in the hope of getting a market rate salary of £28,000 (ish).
What are the chances of getting caught? When I submit my P45 to HR at my new employer will HR know I lied? Specifically, would they communicate the details on my P45 to my line manager, company partner, director etc?
In terms of background checks I thought it was illegal for a new a employer to ask the old employer about my current salary?
I am very keen to hear from someone who has real experience in this and knows how it works.
If someone is keen on having a go at the ethical or moral issues with this then keep your thoughts to yourselves please.
Thanks
0
Comments
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Wrap it up in woolly terms like my package is worth around ......
Remuneration is more than just a salary.0 -
Thank you, but what are your thoughts on the P45 and background checks?0
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I would not worry.
What you need to do is learn to negotiate the starting package up.
Know you min to accept.
What if your current place counter offers how will you deal with that.0 -
getmore4less wrote: »Wrap it up in woolly terms like my package is worth around ......
Remuneration is more than just a salary.
This+
Mention package not actual salary, but always have in your mind what the new package is worth, especially around benefits such as pension, bonus, healthcare etc and remember things like healthcare don't always work out to be much of a perk.0 -
Do you need to tell them your current salary? I've had plenty of application forms that don't ask or, as an on -line form, have it an optional field0
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Well this would be an informal chat where they ask me for the salary. But I spoke to HR today and they said they will never reveal my salary without my permission. Standard procedure is to never provide salary as its classed as confidential.
I guess now I just gotta figure out a way to make sure they don't calculate this from my P45. Or is this something HR is not going to bother with anyway?0 -
Don't pass on your P45, just fill in the P60 that yoiur new employer should give you in the absence of your P45,
sorted...make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Thanks,
Which would mean I would have to suffer some extra taxes for a couple of months but this will be refunded eventually. Oh well better be safe than sorry, right?
Ps...I think you meant P46?Don't pass on your P45, just fill in the P60 that yoiur new employer should give you in the absence of your P45,
sorted...0 -
They cannot accurately calculate your gross salary from your P45 as pension contributions may have been deducted at source. However...
Your current company will not pass on your salary without your permission, however it is totally standard to request that information as part of the referncing process and if you don't give your permission to pass on salary/sickness info your reference may be deemed unsatisfactory and cost you the job offer.
It may be a criminal offence now to lie to get a job, although I've never heard of anyone being prosecuted.
Finally, you really don't need to lie on the figures you gave as you are sufficiently within spitting distance of the going rate.0 -
bristol_pilot wrote: »They cannot accurately calculate your gross salary from your P45 as pension contributions may have been deducted at source. However...
Your current company will not pass on your salary without your permission, however it is totally standard to request that information as part of the referncing process and if you don't give your permission to pass on salary/sickness info your reference may be deemed unsatisfactory and cost you the job offer.
It may be a criminal offence now to lie to get a job, although I've never heard of anyone being prosecuted.
Finally, you really don't need to lie on the figures you gave as you are sufficiently within spitting distance of the going rate.
Well my company said they refuse such requests in the first instance as its not standard procedure to release salary info. They only release dates of employment and position. Also your post is more opinion based than facts.0
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