I wasn't sure what bracket I'd be in at retirement — some models have my retirement cash availability
higher than my current salary, if I want to draw it down rather than living only on the income — so I've been splitting the difference.
However, it would be good for your salary prospects, if when asked about your salary expectations, you reply with a figure or a baseline
higher than your current salary.
Providing salary history might be disadvantageous at times when the prospective employer offers you a salary which is
higher than your current salary but not the amount that you expect, especially if you are expecting a huge raise.
Not exact matches
«And for those working on
salaries a bit
higher than the
current minimum wage, you'll also be better off because there will be a ripple effect as wages rise... that will mean six million people with
higher pay.»
Rotators get to keep their
current salary — which is often
higher than the federal pay scale — and benefits, including contributions to their retirement accounts.
As shown in Figure 3, this schedule features a starting
salary of $ 37,000, about 25 percent
higher than the
current low rung on the
salary schedule, which is less
than $ 30,000.
To address this issue and make teaching in the U.S. more attractive, U.S. Secretary of Education Arne Duncan has called for teacher
salaries that start at $ 60,000 and eventually rise to $ 150,000 — far
higher than current teacher pay in nearly all U.S. school districts.
Also note that the investment growth in the rollover IRA will be tax free until money is withdrawn, which most likely will be at a lower tax rate
than the OP's
current high salary.
Instead, aim at a role that is one step
higher than your
current title, and negotiate for a
salary that is a good percentage
higher than what you're getting today.
To get there, you probably need to make a job change into a
salary range some 6 to 10 %
higher than your
current pay scale.
Even better, your resume could increase your chances of being offered a significantly
higher salary than your
current or previous job.
My new base
salary is 48 %
higher than my
current position's base, and if you count all the perks and benefits that my new job has that the old one doesn't, that's a 76 % increase over my old baseline, and that's not including any of the performance based compensation (bonus, sales override, and profit sharing).
I was so impressed with the team and manager that I decided that if I was given an offer, I would accept getting paid at my
current salary, even though it would more
than likely mean
higher insurance premiums and giving up an annual bonus that's typically over $ 9k.