Should You Include Salary Information on Your Resume? - dummies

Should You Include Salary Information on Your Resume?

You should never mention salary information on your resume. Sometimes a job ad asks for your salary history or salary requirements in a resume. Realize that revealing dollar figures in advance puts you at a disadvantage. This is especially true if you’ve been working for low pay — or if you’ve been paid above the market average.

In addition to job ads, profile forms on job Web sites and online personal agent programs almost always ask for your salary information. If you decide to participate, state your expectations in a range ($xxx to $xxx), and include the value of all perks (benefits, bonuses), not just salary, in your salary history.

When you choose to disclose your salary history or requirements online, make a distinction between general information forms and formal signed applications (legal documents). Include benefits (total compensation) on general information forms, but omit benefits on formal signed applications that ask for “salary history.”

If you must provide salary information, make sure you do these two things first:

  • Research the market rate for someone with your skills and experience. Start with the Web sites, Salary Expert, and PayScale.

  • Find out why the smart money advises against being too quick to reveal hard figures on your salary history and the money you want. What can you expect in return for revealing salary information, job unseen? You get a chance to name your price and hope you find takers, many of whom will want to talk your price down. Absorb all you can — salary negotiation is as complex as buying a house.

Tell recruiters with whom you have a serious interest in working how much you’ve earned and how much it will cost an employer to hire you. Otherwise, know that recruiters don’t want to waste time playing games and are likely to fold up their interest and wave goodbye.