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Connections is another way of saying references, which is a less formal but sometimes more valuable variation of having credentials. If an employer hires 10 un
by derekp7 4y ago
Connections is another way of saying references, which is a less formal but sometimes more valuable variation of having credentials. If an employer hires 10 unknown people, maybe 4 will work out good and the other 6 will be possibly a net loss. Whereas hiring 10 people with references that you trust, if 9 work out then that is a positive for the employer. That is the value that having connections brings to the employer, it makes you more of a "known" vs "unknown" (not that it increases your specific value, but it is a value to the overall process).
- ethbr0 4y agoThis. Most job seekers misunderstand the hiring process from the hirer's perspective. Companies aren't paying someone with references more because of luck. They're paying that person more because that person has less risk and hiring the wrong employee is incredibly expensive. Effectively, they're amortizing and rebating the dollar value of that person's risk reduction into their salary. Hint for new/first job seekers: this is why (non-predatory) internships are win/win, the company is able to ascertain your risk (in lieu of references or a track record) and therefore make you and offer and hire you for a higher (de-risked) salary.