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Is it inflated expectations, or do younger people not always understand what they are worth? I suspect it's probably somewhere in between the two.
by city41 5y ago
Is it inflated expectations, or do younger people not always understand what they are worth? I suspect it's probably somewhere in between the two.
- bequanna 5y agoIt’s all relative and you are correct. We get much more “value” when we choose a less experienced candidate who wants much less money, but it is a gamble. Are they trainable? Will they stick around? But I prefer that gamble to the one where we pay someone more money who has no discernible skill edge over other candidates. Actually, I don’t understand the upside to that gamble at all, which is why I never take it. Should I just assume that they will be more successful simply because they are asking for more money?
- nly 5y agoI think this is the game as well. Companies want to minimize risk for new hires, so would rather hire someone at $X and get 2-3 years out of them than hire someone at $2X and hope they get twice the value out of them before they retire or call time on their bullshit. A small % of new hires (in their 20s and 30s) will stick around for >10 years, and the value you get then from years of incremental pay raises is huge. Those people are comfortable and don't know their market value or are too afraid to go and get it.