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Can You Lie About Your Current Salary?

Can You Lie About Your Current Salary?

December 16, 2022

Thoughts about lying on a job application are common among job seekers. Many people wonder if they can get away with fibbing about their current salary in order to land a new position and secure a higher salary.

While it may be tempting to fudge the numbers, there can be serious consequences to doing so. In this blog post, we’ll explore the potential risks of lying about your current salary and whether or not it’s worth it.

Should you lie about your current salary?

When it comes to salaries, honesty is always the best policy. Exaggerating or understating your current salary could impact any negotiations that may come up in the future. It’s not uncommon for employers to verify the salary information you provide them with, so being honest is a must. All it takes is a call to your references to confirm your current salary, so it’s usually not worth the risk.

Being open and clear about your current earnings will help ensure that you reach an agreement that’s fair and beneficial for all parties involved. Put simply, telling your potential employer the truth about your current salary will help keep everyone on the same page moving forward. That’s not to say that you can’t negotiate a higher salary for your next role if you know your worth.

Can You Lie About Your Current Salary? CMD Recruitment

Why is it risky to lie about your salary?

Lying about your salary when applying for a job may seem like a smart decision, but it can backfire in the long run. First and foremost, it’s important to remember that lying during the job application process could make your employment contract with the new employer void. If you enter into the contract with a lie, then your employer could use this information to terminate your contact.

Even if it isn’t against the law, employers have resources available to them where they can verify the accuracy of your salary claims. This means lying about what you make will quickly be spotted by HR Professionals, who likely won’t take kindly to it.

Chances are good that if an employer catches you lying about something as simple as salary on your resume, they may begin to question your truthfulness on other things as well. This could hurt your chances of being considered for the position or having meaningful career opportunities available at that company down the road.

How to negotiate the salary your want

Rather than lie in order to secure the salary you want, it’s far better to negotiate. When it comes to job negotiations, it’s important to remember that employers may use the information you provide them as a tool. They may use this information to determine how much they would be willing to pay you, and subsequently, seek to offer you a salary lower than your true worth in order to save money. 

As such, it’s essential for all job seekers to understand their marketplace value and have key indicators memorised so that they are not caught off guard during a negotiation. Additionally, having a calculated response ready with your desired salary range is a great way to ensure you do not get lowballed during a job interview or negotiation.

Can You Lie About Your Current Salary? CMD Recruitment

The importance of knowing your worth

Having confidence in yourself and your worth is essential to achieving success. It can be easy to feel too scared or shy to take ownership of our rights, but nobody deserves a substandard outcome in any situation.

If your current job isn’t paying you what you think you are worth, and they aren’t willing to negotiate a pay rise, it’s common to look elsewhere for opportunities. When it comes to conversations about salary, you can simply say “my current employer is paying me X, but I believe that my skills and experience mean that I am worth Y.” 

How to find out what your job is worth

Doing your research before you apply for a job is essential if you want to make sure that the salary offered is appropriate. Knowing what the position is worth in terms of pay and benefits will give you a good foundation when it comes to negotiating with future employers or deciding whether to take the offer. 

Researching industry averages and market trends for comparable positions can provide helpful insight, giving you a more realistic expectation of fair pay. Pre-emptive research gives you an edge in knowing what’s standard and thus allows you to recognize when an employer is offering something substandard.

Conclusion

Being honest about your current salary is always the best policy – even if it might not seem like it at first. The employer may think you’re lying about other things as well, and use the information to lowball you in negotiations. Remember to be confident in yourself and your worth – know what you deserve and don’t settle for less.

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