Here's an uncomfortable situation: Current team: $85K base Current market rate for new hires: $100K Same role. Same responsibilities. The options... Play It Safe: -Hire at current team rates -Extended vacancy -Settling for B players -Lost productivity -Missed opportunities Face Reality: -Pay market rate for new hires -Risk current team turnover -Compensation tension -Budget pressure Possible Approach: -Audit current compensation -Create adjustment plan -Budget for increases -Communicate transparently -Address proactively The Real Cost: -Losing A-players to market rates -Training replacements -Lost productivity -Team morale impact Your current team probably knows the market rate from getting recruiter calls all of the time, or talking with industry peers. The cost of doing nothing is higher than you think.
Great post
Straight to the point Kevin Kilday 👊🏽
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Actively looking for EUC Lead Apple & Mac Support, JAMF Admin, Windows Support, Change Management, Customer Success, AWS, CCNA, ITIL, Datacenter
4moAt last, Manager’s ego wins and HR goes to market for hiring.