One of the most salient features of our Tech Hiring culture is that there is so much bullshit. Everyone knows this. Each of us contributes his share. But we tend to take the situation for granted.
Well yes as the recruiter/CEO you are free to try to underpay me, but then I'm free to think that you don't have my best interests in mind and move on to a better company.
If I know how much the potential employee earns now, it can be a win-win situation and everybody is happy: The new employee gets more money than he got before and I as a recruiter/CEO don't have to pay too much.
It's a win-win situation only for the recruiter/CEO who wins on two fronts:
on one hand he feels generous because he gave more than the employee
on the other hand he probably gave the absolute bottom of the range that was agreed on for that position.
It's funny that we are only underpaid and never overpaid. Sure I could get more money but I must also know for myself with how much money I am satisfied at first. As long as I get the money I am happy with myself, I cannot lose. Of course, when I learn that other colleagues with the same job as I do earn significantly more, then I immediately think I'm underpaid. But we should perhaps ask the question whether the others are not overpaid and are also not paid fairly. The only way to eliminate this problem is to introduce uniform payrolls for all employees, so that all transparently are paid according to pay grades.
One of the most salient features of our Tech Hiring culture is that there is so much bullshit. Everyone knows this. Each of us contributes his share. But we tend to take the situation for granted.
I know your topic differs, but you cannot divide the whole topic into small parts without looking at the big picture.
But to be clear: I totally agree with you to not tell them the current salary! But to tell them the amount of money you want + a buffer to be traded down to your desired salary <3
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Well yes as the recruiter/CEO you are free to try to underpay me, but then I'm free to think that you don't have my best interests in mind and move on to a better company.
It's a win-win situation only for the recruiter/CEO who wins on two fronts:
For the employee, it's a loose-loose situation:
It's funny that we are only underpaid and never overpaid. Sure I could get more money but I must also know for myself with how much money I am satisfied at first. As long as I get the money I am happy with myself, I cannot lose. Of course, when I learn that other colleagues with the same job as I do earn significantly more, then I immediately think I'm underpaid. But we should perhaps ask the question whether the others are not overpaid and are also not paid fairly. The only way to eliminate this problem is to introduce uniform payrolls for all employees, so that all transparently are paid according to pay grades.
Sure, some people are overpaid, it's just that the topic of my blog is how to not be underpaid, because it's a more pressing topic IMHO.
I agree with your last sentence in salary transparency
I know your topic differs, but you cannot divide the whole topic into small parts without looking at the big picture.
But to be clear: I totally agree with you to not tell them the current salary! But to tell them the amount of money you want + a buffer to be traded down to your desired salary <3