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Companies that filter out candidates that prioritize money as a high criteria are potentially doing themselves a disservice by not hiring on ability. An excelle
by fecak 10y ago
Companies that filter out candidates that prioritize money as a high criteria are potentially doing themselves a disservice by not hiring on ability. An excellent coder who wants to maximize their compensation shouldn't be penalized for that.
If "fit" for an organization means not caring (as much) about money, that almost always indicates the organization is paying below market rate. I have clients that pay below market rate, and candidates who value money above other things will filter themselves out when they discover the ranges being paid.
Not sure I follow the second point. My example would be if Jane sees herself as a top contributor and earns 100K and she learns that Joe (who she feels is not a top contributor) earns 120K, Jane won't be happy. I don't think Jane will think "what can I do to earn what Joe does?", because she already feels she's doing more than Joe.
I might have misunderstood your point, but wanted to clarify my post.
- edwhitesell 10y agoI don't disagree with how things are most of the time, though I personally disagree with it in terms of how I try to operate. Regarding the second point, I guess my point was: if the argument is that employees “value” is shown by salary and Jane is unhappy based on her perception of contribution, isn’t that a fault with management for not recognizing that and fixing accordingly?
- fecak 10y ago>if the argument is that employees “value” is shown by salary and Jane is unhappy based on her perception of contribution, isn’t that a fault with management for not recognizing that and fixing accordingly? I think we're assuming Jane to be a rational actor with perfect information. Jane makes less than Joe and feels she does more than Joe. Management feels Joe does more. Theoretically, management can tell Jane that Joe is paid more because his contribution is valued more, but Jane's unhappiness only exists because she disagrees with this valuation. Either Jane convinces management that her self-evaluation is accurate, management convinces Jane she is being paid what she's worth, or Jane updates her resume.