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Old 03-07-2014, 11:30 AM
 
Location: New York, NY
64 posts, read 85,089 times
Reputation: 42

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I work and have worked for over 15 years with T1 financial institutions here in NYC.

No one has EVER asked for a W-2. Rigorous background checks.. so maybe they dig them up that way.. but i doubt it.

Sounds like they just want to ensure that other employers viewed your salary as adequate vs. what they are paying you.

It is actually none of their business. I would push back.
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Old 03-07-2014, 11:32 AM
 
Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
41,938 posts, read 36,935,179 times
Reputation: 40635
Quote:
Originally Posted by Trip Mcnealy View Post
If you're not allowed to discriminate based off of the information given, it really serves no purpose.
Sure it does.

Sometimes the question is innocuous (they're just trying to get to know you, being polite, chatting), other times it isn't.

It's a dangerous game, but one played not infrequently.
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Old 03-07-2014, 11:40 AM
 
757 posts, read 1,093,864 times
Reputation: 990
I have never heard of this before. Personally, I would not disclose this information. It works in their favor, not yours. Plus, this is personal, sensitive information that can easily get into the wrong hands. Would Pitney Bowes like to disclose their detailed Balance/Profit-Loss Statements to you so that you can see if they are making a profit and can afford to pay you?

If you do provide the information, perhaps a non-disclosure agreement is in order? ...and for your under-the-table comp., I would tell them that you do not wish to disclose that...period.

...and I wonder how your previous employers would view you disclosing what they paid you? That's also a potential problem in my eyes. Maybe your previous employers would not appreciate that info being shared?

Did they tell you before you accepted the job that this was required? Why did they wait until they hired you to confirm your previous compensation? What is their rationale behind the request?
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Old 03-07-2014, 11:52 AM
 
Location: The City That Never Sleeps
2,043 posts, read 5,522,239 times
Reputation: 3406
Quote:
Originally Posted by allmyexes View Post
I work and have worked for over 15 years with T1 financial institutions here in NYC.

No one has EVER asked for a W-2. Rigorous background checks.. so maybe they dig them up that way.. but i doubt it.

Sounds like they just want to ensure that other employers viewed your salary as adequate vs. what they are paying you.

It is actually none of their business. I would push back.
Yes.Thank you. I'm in NYC too. In the heart of it.Been at F500. Nobody even THINKS to ask this. What kind of self deluded, smug arrogant fool thinks up of this stuff to require either pre hire or after? To ask for one's private financials? Someone I know very well responded to this type of question at an interview, with another question: "Well, if the company has no problem showing me the annual corp tax return and quarterly profit statements....then, perhaps" LOL
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Old 03-07-2014, 12:24 PM
 
Location: Southern California
3,455 posts, read 8,340,191 times
Reputation: 1420
Quote:
Originally Posted by UEHelp View Post
I have never heard of this before. Personally, I would not disclose this information. It works in their favor, not yours. Plus, this is personal, sensitive information that can easily get into the wrong hands. Would Pitney Bowes like to disclose their detailed Balance/Profit-Loss Statements to you so that you can see if they are making a profit and can afford to pay you?

If you do provide the information, perhaps a non-disclosure agreement is in order? ...and for your under-the-table comp., I would tell them that you do not wish to disclose that...period.

...and I wonder how your previous employers would view you disclosing what they paid you? That's also a potential problem in my eyes. Maybe your previous employers would not appreciate that info being shared?

Did they tell you before you accepted the job that this was required? Why did they wait until they hired you to confirm your previous compensation? What is their rationale behind the request?
if you look into the comments of some of the links I posted awhile back, your view is shared by many including CEO's and CFO's

by and large, it was only the shady recruiters that were saying this is somehow required information unless you want to lose the job.
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Old 03-07-2014, 12:32 PM
 
491 posts, read 471,659 times
Reputation: 610
Quote:
Originally Posted by timberline742 View Post
Sure it does.

Sometimes the question is innocuous (they're just trying to get to know you, being polite, chatting), other times it isn't.

It's a dangerous game, but one played not infrequently.
Sure, which is why people will lie right back. If someone were to ask me on an interview if I were single or not- I'd immediately think he's trying to poke at something and isnt being innocuous. You cant BS a BS'er...
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Old 03-07-2014, 12:52 PM
 
Location: City Data Land
17,156 posts, read 12,951,087 times
Reputation: 33174
Quote:
Originally Posted by UEHelp View Post
It works in their favor, not yours.
There is no advantage to you giving them this information, and plenty of disadvantages. This reminds me of the Facebook password controversy that was such a big issue a while back, and still is. I wonder when employers made the decision that it was OK to learn so much irrelevant personal information about potential employees.

I went into an Office Depot store several years ago to apply for a job. Not only did they do a background check and drug test (which I had no problem with), they also ran a credit check on all applicants. What purpose does that serve? I didn't apply for the job. It seemed unnecessarily invasive and nosy of Office Depot. Three weeks later, I got a much better job that didn't require a credit check.
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Old 03-07-2014, 01:41 PM
 
Location: Seattle Area
1,716 posts, read 2,034,198 times
Reputation: 4146
Go to Office Depot or similar, buy a set of W2 forms. Find a typewriter or use QuickBooks and print any W2 you want. As long as you aren't using them for any tax related purpose you can make them say what you want. If you prefer, use a 1099 form and do the same.
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Old 03-07-2014, 02:29 PM
 
757 posts, read 1,093,864 times
Reputation: 990
Quote:
Originally Posted by Yakscsd View Post
Go to Office Depot or similar, buy a set of W2 forms. Find a typewriter or use QuickBooks and print any W2 you want. As long as you aren't using them for any tax related purpose you can make them say what you want. If you prefer, use a 1099 form and do the same.
That's brilliant. But it doesn't deal with the motive which is concerning. I wouldn't want to work for a company that asked this of their employees.
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Old 03-07-2014, 03:08 PM
 
Location: City Data Land
17,156 posts, read 12,951,087 times
Reputation: 33174
Quote:
Originally Posted by UEHelp View Post
That's brilliant. But it doesn't deal with the motive which is concerning. I wouldn't want to work for a company that asked this of their employees.
X2. If they asked for this right at the beginning, what will they want from you later after you're depending on them for your livelihood and they have you bent over a barrel?
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