4 ms·
You’re right! I advise my direct reports and people new to work that you should seriously interview every six months. As a manager, the one-to-ones we have wh
by com 4y ago
You’re right!
I advise my direct reports and people new to work that you should seriously interview every six months.
As a manager, the one-to-ones we have when my people are interviewing are much more goal oriented and concrete, and give me actionable information to help them get more out of their career.
That typically helps them, our team and our shared mission. Sometimes it leads to departures, but they and I are conscious about why - we can’t always give them the work or the opportunities that they are seeking. Sometimes it’s remuneration; it’s either a useful datapoint which can be matched and used for salary adjustments through our org, or a unicorn offer which we can’t match in cash, but which offers a discussion about growth and maybe their own priorities.
In nearly all cases it’s just a huge win.
- ajmurmann 4y agoIt's really interesting to me that you aren't getting more in trouble with this just due to salary alone. I know Netflix follows your approach and I think it's fabulous. However, Netflix also doesn't have paybands and their strategy is to see the other offers as the candidate's true market value and then pay them slightly above that. If you cannot do that, I would have assumed this to be a certain way to lose your top employees quickly.
- com 4y agoOnce salary has reached a certain point, the total compensation, benefits and professional satisfaction or CV opportunities as well as healthy work/life balance, in addition to social environment - all start taking on more weight. People do leave for pure pay concerns, but it’s not that simple for many. Also: this strategy might not work so well in places where future financial security isn’t so assured, as where I am. Thinking about the USA or some developing countries where I grew up - piling up capital is so critical to survive surprises ranging from illness to state failure, so ymmv.
- ajmurmann 4y agoGood point. Now that you are pointing this out I see this reflected in the behavior off my friends. I have friends in the US who make very high salaries but are much more focused on that and piling up money for retirement as quickly as possible whereas my friends in Europe are earning much less but are prioritizing happiness. At the same time some of the offers I've seen for the same people at different companies for the same person differed by significantly more than my European friends' entire compensation.