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Do I need to Explain why my Salary is the same as last app?

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wiseguyMBA
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Do I need to Explain why my Salary is the same as last app? [#permalink] New post   01 Oct 2009, 22:01
Guys
I don't know about many of you, but we had a salary freeze at our company since June 2008, and essentially my salary is the same.
Do I need to explain this in the optional essay?
thanks
WG
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pmk157
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Re: Do I need to Explain why my Salary is the same as last app? [#permalink] New post   02 Oct 2009, 07:42
I'm not a reapplicant, but my company has also been under a salary freeze for the last year and a half. So my salary at my current position doesn't really show any movement. I didn't explain it in any of my optional essays so far, though. I wouldn't worry about it, the Adcoms know what the situation is like out there, as long as your recommendations show evidence of growth, you should be ok.
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GoBruin
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Re: Do I need to Explain why my Salary is the same as last app? [#permalink] New post   02 Oct 2009, 08:37
wiseguyMBA wrote:
Guys
I don't know about many of you, but we had a salary freeze at our company since June 2008, and essentially my salary is the same.
Do I need to explain this in the optional essay?
thanks
WG


My first inclaination is that to not address it, but if you don't have anything more important to say in your optional essay then why not. Make it very short. Maybe, something like "although my responsibilities have increased in both scope, my salary and title have remained constant due to a company wide freeze in promotions"
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bigoyal
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Re: Do I need to Explain why my Salary is the same as last app? [#permalink] New post   02 Oct 2009, 11:20
I would say don't worry about the salary part. All over the globe its the same situation and AdCom knows that very well.

On the positive note, its good that atleast you have retained the same salary level :wink: when some companies are busy deducting the pay-packages and jobs.
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bigfernhead
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Re: Do I need to Explain why my Salary is the same as last app? [#permalink] New post   04 Nov 2009, 15:34
How important is salary in your application?

I may have underestimated my salary+bonus by 20%, and I'm not sure if this has any impact...
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rhyme
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Re: Do I need to Explain why my Salary is the same as last app? [#permalink] New post   04 Nov 2009, 15:48
I wouldnt worry at all about it.
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gmatclubot
Re: Do I need to Explain why my Salary is the same as last app? [#permalink]
04 Nov 2009, 15:48

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