In general I agree, except he did say the person was his friend. My close friends and I all know what each other makes. It helps a lot when negotiating for a new job, because I now have additional data to know that what I'm asking for is not crazy.
One of these friends I have worked for in the past and could work for again, but he readily admits he can't afford me right now.
EDIT, I read colleague as most likely a friend now. Perhaps not, but my above point still stands about friends.
With that I might or might not consider it.
I've made a simplified version for recruiters here: http://erik.itland.no/step-by-step-instructions-choose-your-...
If anyone likes it they should feel free to adapt and customize it for so it can work for even the most annoying recruiters :-)
It does not benefit you to disclose the information, even if you think your number is high. They might assume you are lying, or they might already be anchored at an even higher number - you don't know.
I've heard two stories about car dealers that each say different things.
One story was about a car dealer that told its salesmen the actual wholesale price of the cars they were selling. The salesmen would deal from that price upwards and would always sell the cars close to that price. They changed to only telling them the retail price of the car and then sales from that point on were much higher as the selling prices clustered nearer to retail.
But the other story was from a friend who used to work at a car dealer. The top sales guy would move an enormous number of cars. He would sell them for $250 over invoice. My friend said he was amazing, and it was common for other salesmen to spend hours haggling with a customer on one car, and meanwhile the top guy would move 4 or 5 cars.
But otherwise I agree. The company always has such a strong hand that it’s in your best interest to play every one of your cards as strategically, carefully as possible.
This practice favors the employer so much that it is illegal in California (and a few other states) to ask for salary history.
That's interesting....when submitting resumes for US Federal government (GS) jobs, their resume guidelines include salary, hours worked, and points of contact for each position. I wonder how positions advertised in the State of California can be reconciled with what you've shared?
They do sometimes even ask for pay stubs to prove salaries claimed
My understanding of federal employment is that the pay scales are published and public record, and job postings state which scale it's on. This level of disclosure seems to minimize the possible harm here, as there's far less room for negotiation for anyone.
Never make that mistake. Never ever disclose your salary information to someone that you potentially could work for.
I think a situation where we were required by law to disclose, or a company where such a thing was common (GitLab) would be exceptions. But otherwise, I've found it to be a huge mistake to disclose your exact salary or numbers to anyone.