The Bind Companies Are Sometimes In

The Bind Companies Are Sometimes In

By Jeff Altman, The Big Game Hunter

Sayali Malye, a Canadian based recruiter, posted on LinkedIn, “A person accepting a 5-10K below market offer might be considered being flexible, compromising on comp for other perks, taking a lower salary as they need a job to pay the bills etc. or due to other circumstances.

A person accepting an offer 30 K or more below market is underpaid.

I’m hearing several instances where applicants are being severely lowballed and being told its because they have been out of work for a few months and so should be flexible on their salary ask.

When the market picks up – as it eventually will – these will be the first people to walk out the door to an employer who did recognise their value and were willing to pay them for it.

As the saying goes – if you don’t take care of your employees, someone else will.”

 

All very true. I thought it missed the bind employers are in. “Respectfully, on the other hand, should a company make an offer to someone for a lower level position? Usually when a firm is making an offer for such a reduction, the position is for a step down from where the person was previously. The person might say yes to the offer and leave when the market turns around (which I see no evidence of yet in the US). So should they not make the offer for a lower level position to someone who can do the job for fear that they will leave? Should they make an offer at the previous salary level that they cannot justify? Having worked in recruiting for as long as I did, I understand the issues from all sides. In this market, this person might be out of work for another year if they wait for a position at their level. What should they do? What should a firm do? “

It’s complicated, isn’t it?

Reputational Capital

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