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Yet, some ads will require that you provide salary history or salary requirements with your resume submission.This indicates that the salary budget may be more fixed, and that salary requirements may be a major factor in the mind of the hiring manager.You should never include your salary history or your salary requirements in your resume.
For companies that require salary history for consideration of a position, create a separate document that matches the layout and format of your cover letter and resume, or CV, using the same letterhead, font, format, and stationery.
Following the reverse chronological layout of your resume or CV as your guide, present your entries as such, beginning with your most recent position: Director of Sales & Marketing ABC Corporation, Cleveland, OH June 2010 - January 2023 Beginning Salary: $75K, plus insurance, 401(k) and travel expenses Ending Salary: $78K, plus insurance, 401(k) and travel expenses You can (and should) include other compensation information, such as insurance benefits, 401(k), bonus packages, and commissions - either as individual items or as an added financial figure in your total salary amount.
Without this strict wording, you can make your resume recipient aware that the information is available, and recognize the request, without actually disclosing the information at this disadvantage point, by indicating: "Full salary history will be made available once mutual interest is established," or "Full salary history will be provided at interview." For more information on salary negotiation, see Salary Negotiation Skills.
This article will also give you good resources for researching pay scales within different positions and at different locations. Salary is fully negotiable, or Salary is negotiable, dependent upon the responsibilities of the position. If your skills and background are an obvious fit for the position being targeted, this will probably be sufficient.
What is the difference between a salary history and a salary requirement?
Job classified ads will request you send a salary history or state your salary requirement. A salary history is a listing of what you have earned over the years, while the requirement is the salary you are seeking.Most companies will have an established salary budget for any available position, but these budgets can be flexible, depending on a particular candidates unique skill set and offering.For example, a candidate who brings unique skills to the table, skills that can be utilized and will benefit the company (outside the duties already established for the position), may see the budget range broadened to include these skills and their potential benefits.So how can you address fair compensation when you don't have all the information?Equally, the interviewer needs an opportunity to learn what you bring to the table (what you have to offer - the potential values and benefits of hiring you), or he or she can't effectively address appropriate compensation with you.The best and most appropriate place is in your cover letter.Near the end of the cover letter, after you’ve wowed them with a brief synopsis of your experience and achievements, include a sentence like this: “In my first position with Markon Company, I was earning ,000 per year, since that time, my career and compensation has progressed based on my contributions.In my current position, my annual salary is ,000 annually.However, salary is not my main motivation; I am open to any combination of salary and benefits for the right opportunity.” As for your salary requirement, you can include it in your cover letter if you wish, but it’s in your best interest to avoid being the first to name a dollar amount.In situations where an ad states only submissions including salary requirements will be considered," respond to this request in your cover letter, not the resume.Provide a salary range rather than a single set figure.