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When you hire someone at a bargain salary there is always a question of whether you are really "making the newly hired job-seekers happy" or just relieving them
by gurop 17y ago
When you hire someone at a bargain salary there is always a question of whether you are really "making the newly hired job-seekers happy" or just relieving them of their temporary desperation only to see their uncontentedness surface later.
- deleted 17y ago[deleted]
- mattm 17y agoExactly. If you hire someone at bargain salary, they will probably work the minimum amount necessary while still looking for other jobs. When they get the next offer they will jump ship. If you give less, you will get less.
- timwiseman 17y agoAgreed and good point. But remember in a small and growing business you can look at stock options as part of the compensation. If the newly hired person really believes the company has a chance, that could make them very happy even with bargain salaries. Also, remember that set up often is harder than maintenance, so even if you expect the bargain talent to leave when the economy picks up later, you can often gain a lot from having them for a while and then replace them by someone less experienced at that point.
- tokenadult 17y agoThe submitted article talks about strategies for avoiding that difficulty (which are also mentioned in replies to your comment by other participants). I note that hiring ANYONE has the risk that the person hired will later dislike your job. If the job were greatly enjoyable, I suppose any hiring manager would rather do the job himself. But if you think you have good reason to hire, why hire less than the best applicant? As another reply to you has already said, having a good person on board for a while can provide benefits to your company that last even after that person has moved on to another opportunity.