This question is asked to make sure that the money that you make in your current position FALLS within the budget that the interviewers want to provide you with.

• Try your best to avoid TELLING your current salary.
• In the current hiring market, companies do not add anything more than 35%-40% of the current salary.
  • Only in some cases where you are found to be the most perfect fit after excelling in all the rounds of the interview, the companies would be willing to offer you more hikes.
  • Some companies have a specified range dedicated to a particular position.
• However, the job of the recruiter is to hire a candidate who can do more at less cost. Hence, disclosing your current income might land you in an unfavorable position.

Some tips to answer this would be:

• Research about the salary provided by the company to that particular job role either by checking on websites like Glassdoor, Indeed or by connecting with people working in that company on Linkedin.
• Avoid stating your current income.
• Ask the interviewer what is the range that he/she is providing for the role.
• Do not lie.

Sample answer:

I am not allowed to disclose my current salary information as my employer considers it CONFIDENTIAL information and I am bound to that agreement. However, if you share the range that you would be provided for this position, I can let you know if my salary is in that range. Or I can also GIVE a salary range that is based on my research of the company and based on my SKILLS.