HR: "What's your salary expectation?" Candidate: 10000000000 miliion billion a month. HR: You are the best-fit for the role but we can only offer $three fiddy Candidate: Okay. $three fiddy would be fine. HR: How soon can you start? Meanwhile the budget for that particular role is $194828282717182929202 gazillion billion trillion dollars. HR feelslike they did a great job in salary negotiation and management will be happy they cut cost for the organisation. The new employee starts and notices the pay disparity. Guess what happens? Dissatisfaction. Disengagement. Disloyalty. Two Decades later, the employee leaves the organization for a better job. The recruitment process starts all over again. Leading to further costs and performance gaps within the team and organisation. In order to attract and retain top talent, please pay people what they are worth.
But hr keeps their job and also pays less
How do you calculate pay disparity? It sounds like everyone wants UBI as a software developer.
Nothing wrong with UBI. If the billionaire ass wipes can pay their taxes like the rest of us, we can solve a bunch of problems.
I look forward to hearing the UBI metric for all humankind that declares their role as a software developer regardless of skill level.
This is common across all companies, including FAANG. That’s why job hopping became a thing. TC: 105K
But did the candidate help the stray dog that they passed on the way to work? I doubt it… because If they did, they would have learned that that stray dog was actually the CEO of the company, and that CEO would have recognized that passion is more important than skills, and given the candidate (who happens to be a fresh college grad) a VP level position at their F-100 company
Yes I was the stray dog
You’re not worth what a company could theoretically pay for you, you’re worth what other similarly skilled candidates are willing to accept for the job.
YES! I wish every parent would teach their children basic economics. You are or will be an amazing parent!
Did you say TWO DECADES? Your man wasn't dissatisfied, it seems to me
Shareholders get too much for what they do. But once in a shareholder I want more
Job hop. We're all at the best job we can find, many people move when they see an opportunity to jump a level or go up 20% in salary. This helps the company you leave increase salaries as they need to increase pay to match the market, if you stay you're helping suppress wages at your current company.
STFU
Two decades ? People stay for that long ?
Only if they notice the yuge pay disparity