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Previously on "Tier1BK:before making a proposal they want to know exactly my previous/current income"

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  • flavios
    replied
    No, I am here ...well you guess right it is for a perm role, but I do not think should make such great difference.

    I worked both as perm and contract in the past and I can tell you that something contractors I worked with had less freedom than perms, for example for an IB where I worked as perm I saw contractors arranging holidays just when the management needed to keep them out of the office in order to balance the books; for many other things they I never saw such big difference in term of working style and flexibility.

    The only big advantage of contracting is just ...much, much less tax.

    About the hiring freeze I guess you right even though I received an offer anyway, so maybe few departments within the company have not been affected so far.

    Leave a comment:


  • Crossroads
    replied
    I don't think the OP is coming back, but as I mentioned earlier I have seen that exact template, so I'm pretty sure I know where it is for.

    However it's for an "HR Interview" and AFAIK only for a permanent role. If evidence not provided then you'll fail the background screening (or not get that far).

    I've not known of the HR Interview stage or that form be used for contract recruitment at the client.

    What the OP probably doesn't want to know about (or perhaps why he hasn't come back) is the global hiring freeze that has just hit...

    Leave a comment:


  • fidot
    replied
    Originally posted by sal View Post
    You haven't seen the linked documents have you...

    In any case 8k-11k is likely the salary not the income, your income is what you put in your SATR
    The documents ask for your base salary (or contract rate). So, it's up to you which you supply

    Leave a comment:


  • LondonManc
    replied
    Sorry, but as a contractor, your contract should be commercially confidential.
    I can't imagine they'd ask the same questions to Dell or HP about how much they charge another bank for servers and consultancy.

    You're being treated as a disguised employee imho - they should simply be checking that you were engaged at the previous client from date x to date y as you had stated.

    Leave a comment:


  • sal
    replied
    Originally posted by fidot View Post
    Isn't your income 8k or 11k per annum?
    You haven't seen the linked documents have you...

    In any case 8k-11k is likely the salary not the income, your income is what you put in your SATR

    Leave a comment:


  • fidot
    replied
    Isn't your income 8k or 11k per annum?

    Leave a comment:


  • radish2008
    replied
    They want it to ensure that the clients you claim you had were actually paying you and therefore real clients.

    I had this at current gig - refused at first and they said fine, they'd just fail the clearance. I'd actually inflated my previous rate to get an increase so was a bit nervous but I heard they just glance at it and check the relevant box.

    Leave a comment:


  • Benny
    replied
    Fill each box in "beyond the dreams of avarice"

    If they don't like it walk

    Leave a comment:


  • BlasterBates
    replied
    My advice, if you want to accept the contract just fill it out truthfully, otherwise you will probably lose the contract. This is all part of their on-boarding process however annoying that may be.

    Leave a comment:


  • Crossroads
    replied
    I know which bank that is for, and yes I understand the background checks will ask for evidence.

    Leave a comment:


  • sal
    replied
    "HR interview" sounds like this is a perm role, not exactly the right forum to ask around.

    If by any chance it's for a contract - it's up to you to decide whether you are happy to provide the info or not. I have worked for 2 Tier1 UK banks and neither has asked for proof of previous income, the agencies might have asked me about my previous rate, to which I always reply with the advertised rate for the role in question.

    Leave a comment:


  • Tier1BK:before making a proposal they want to know exactly my previous/current income

    This is the document they asked me to fill: https://ibb.co/ei0xrJ

    the header is even mentioning they I do have to provide paperworks as proof of my previous income: https://ibb.co/h1rnrJ

    is this regular? one thing is asking proof of my previous jobs, another is asking financial records of my previous professional experience.

    I am a bit confused about how to behave. Tips?

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