Saturday, August 16, 2014

Does pay count?

I recently read:

Here are a few of my thoughts:

Great article I think points 3 and 4 are very strong. Another point that I think you missed was if an employee gives you a figure they are looking for the 2 things you shouldn't do is;

a) pump up a "package" to make it sound like you are meeting that figure. Sure the market value of what you saying is true - but employees know what the actual cost to you is - and will feel short-changed.

b) Not challenging yourself to exceed that package. Leadership is top down. If you want your staff to exceed expectations - you try and exceed their expectations first. The first experience of this is an offer letter. You are trying to prove to them that you a great company to work for - what greater proof then telling them "you can stop looking - we are the best".