TLDR: While hiring: balance team needs, share salary ranges, prioritize & explore candidate impact on efficiency. As a hiring manager, balancing team and company needs is crucial. Hiring new team members benefits from joint decision-making. The decision to hire an individual should consider the financial impact, the social dynamics of the team, and the skill gap that needs to be filled. Corporations often choose to publish salary ranges rather than individual salaries. Furthermore, it is common practice to hold teams accountable for their overall effectiveness and efficiency while placing the responsibility for financial performance with other roles. Based on this, I wholeheartedly suggest addressing salary ranges at the beginning of the application process. Additionally, I encourage the team to explore & consider how a candidate would affect overall effectiveness and efficiency during the hiring process. Exploring these factors during the application process ensures all parties are well-informed before it's decision time! #HiringProcess #TeamAlignment #SalaryTransparency #CandidateAssessment #Efficiency #TeamDynamic #DecisionMaking #CorporateCulture #FinancialPerformance #EmploymentStandards
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🚨 Struggling to hire? You’re not the only one—60% of organisations faced hiring challenges last year, with nearly half (49%) saying matching salary expectations was the biggest roadblock. Don’t let salary be the obstacle that keeps you from landing top talent. Download our 2025 Salary Guide today to benchmark your offers and ensure you're staying competitive in the market. 📊 Download the 2025 Salary Guides here: https://lnkd.in/e4499HCr #SalaryGuides #MichaelPage #2025SalaryGuides
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HR: "What are your salary expectations?" Candidate: "$12,000 to $14,000 a month." HR: "You're the perfect fit for the role, but we can only offer $9,000." Candidate: "That won't work for me. My expectation is between $12,000 and $14,000." HR: "We understand, but that's the best we can do right now." Candidate: "I appreciate the opportunity, but I'll need to keep looking for a role that meets my expectations." Meanwhile, the budget for the role is $15,000, and the HR team feels they did well in trying to manage costs. The role remains unfilled for months, leading to delays in project completion and overburdened staff picking up extra work. The team struggles to perform optimally, causing productivity and morale to suffer. Ultimately, the role is re-advertised at the original budget. Meanwhile, other candidates have either found other opportunities or raised their salary expectations, making the hiring process longer and more costly. In order to attract and retain top talent, consider offering a competitive salary that reflects the candidate's worth and the market rate. This approach will save time, money, and resources in the long run. Let's aim for fair compensation that supports a thriving work environment and long-term organizational success. #HR #Recruitment #TalentManagement #WorkplaceCulture #Compensation #SalaryNegotiation #TalentAcquisition
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Companies don't put salary ranges in job postings because they want to be able to offer new employees more than current employees. It's that simple. Hiding salaries is an outdated business strategy. Although it was unfair, It made business sense to underpay current employees because they would never leave. That is no longer true. Now, the number 1 reason people change jobs is for a salary increase. So you can (A) continue to spend money hiring and training replacements, or (B), be less stingy with raises. Which do you think will cost more? Transparency is a core value that goes beyond just open communication. It extends to openly sharing salary ranges in job postings. With accurate information, candidates can make informed decisions about whether the job meets their financial needs. Such transparency also fosters trust among employees, leading to increased morale and productivity. Remember, compensation isn't only about money. It's about respecting the value of employees' work and their time. So, let's shift the paradigm. Stop treating salaries like guarded secrets. The competitive market will always be there, but retaining talented employees will always be cheaper than constant hiring and training. It's time to be transparent. It's time to be fair. Let's make the changes that keep our teams intact and our businesses thriving. #talent #hr #humanresources #hiring #leaders #leadership #culture #culturematters #team #teamwork #work #employeeexperience #linkedin #linkedinconnections #talentnexa #aach
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Companies don't put salary ranges in job postings because they want to be able to offer new employees more than current employees. It's that simple. Hiding salaries is an outdated business strategy. Although it was unfair, It made business sense to underpay current employees because they would never leave. That is no longer true. Now, the number 1 reason people change jobs is for a salary increase. So you can (A) continue to spend money hiring and training replacements, or (B), be less stingy with raises. Which do you think will cost more? Transparency is a core value that goes beyond just open communication. It extends to openly sharing salary ranges in job postings. With accurate information, candidates can make informed decisions about whether the job meets their financial needs. Such transparency also fosters trust among employees, leading to increased morale and productivity. Remember, compensation isn't only about money. It's about respecting the value of employees' work and their time. So, let's shift the paradigm. Stop treating salaries like guarded secrets. The competitive market will always be there, but retaining talented employees will always be cheaper than constant hiring and training. It's time to be transparent. It's time to be fair. Let's make the changes that keep our teams intact and our businesses thriving. #talent #hr #humanresources #hiring #leaders #leadership #culture #culturematters #team #teamwork #work #employeeexperience #linkedin #linkedinconnections
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The current hiring market is a mess, with employers inflating titles to attract talent and employees demanding salaries that don’t match their experience. This misalignment is causing friction on both sides. For employees, it’s essential to remember that experience, not just the title, dictates your value. Don’t set yourself up for failure by accepting roles beyond your capacity. For employers, be prepared for salary demands that match the inflated titles you offer. Focus on the total compensation package and the long-term value of career growth. Struggling with the hiring market? Discover how our Recruiting Services can help you navigate these challenges. https://lnkd.in/gjtcu_uU #SalaryNegotiations #HiringMarket #EmployeeValue #RecruitmentStrategies #OAIB
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The current hiring market is a mess, with employers inflating titles to attract talent and employees demanding salaries that don’t match their experience. This misalignment is causing friction on both sides. For employees, it’s essential to remember that experience, not just the title, dictates your value. Don’t set yourself up for failure by accepting roles beyond your capacity. For employers, be prepared for salary demands that match the inflated titles you offer. Focus on the total compensation package and the long-term value of career growth. Struggling with the hiring market? Discover how our Recruiting Services can help you navigate these challenges. https://lnkd.in/gJwmGRfy #SalaryNegotiations #HiringMarket #EmployeeValue #RecruitmentStrategies #OAIB
Salary Negotiations In This Mis-Aligned Hiring Market - Organization At It's Best
https://oaib.org
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**HR**: "What's your salary expectation?" **Candidate**: "I'm looking for around 60k to 65k a month." --- **HR**: "You’re the perfect fit for this role, but we can only offer 50k." **Candidate**: "Alright, 50k works for me." --- **HR**: "Great! How soon can you start?" --- Meanwhile, the actual budget for the position is 90k. The HR team feels pleased with themselves, thinking they’ve successfully negotiated a bargain and saved the company money. --- The new hire starts and quickly becomes aware of the salary disparity. What happens next? **Dissatisfaction. Disengagement. Disloyalty.** --- Two months later, the employee leaves for a better opportunity. The company now faces the costs of another recruitment cycle, not to mention the performance gaps that arise from the turnover. --- In the long run, the company has lost far more than it saved. To truly attract and retain top talent, **pay people what they’re worth**. A fair salary isn’t just about compensation; it’s an investment in long-term success. --- This version enhances the storytelling while still delivering the key message effectively. Let me know if you'd like to tweak anything! #LinkedIn #Hr #recruitment #salary
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Be Upfront About Salary Expectations: Save Time, Enhance Clarity Navigating the recruitment process can be challenging, but being upfront about salary expectations can make a significant difference. Here's why: Saves Time: When both parties are clear about salary expectations from the start, it streamlines the recruitment process. You can quickly determine if you're aligned financially, avoiding lengthy negotiations and wasted time on roles that may not meet expectations. Enhances Clarity: Transparency in salary discussions sets a clear foundation for the relationship between you and the employer. It ensures that both sides are on the same page, reducing misunderstandings and fostering a more straightforward dialogue. Reduces Misalignment: Being open about your salary expectations helps avoid situations where you might go through multiple interview stages only to discover that the offered compensation does not meet your needs. This prevents the disappointment and frustration that can come with a misaligned offer. Improves Job Matching: Being upfront about salary can help me better match you with roles that suit your financial expectations when I have a clear understanding of your salary requirements. This means you are more likely to be presented with opportunities that are a good fit for your career aspirations and financial goals. In conclusion, being upfront about salary expectations not only saves time and enhances clarity but also ensures that you are considered for the best opportunities that align with your career move. #salary #recruitment #beingupfront
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💡 Why Salary Transparency Could Be Your Secret to Better Hiring 💡 In a bold move, some companies are sharing salary information with prospective hires upfront. As highlighted in this Fast Company article, revealing salary ranges before extending an offer might be the key to attracting top talent and fostering a culture of trust and transparency. 📝 Here’s why salary transparency works: Builds Trust from the Start: By showing candidates what they can expect to earn, companies demonstrate honesty and fairness, setting the foundation for a strong working relationship. Reduces Bias: Sharing salary ranges helps level the playing field, reducing disparities caused by gender, race, or other biases in negotiation. Attracts the Right Talent: Candidates who align with your compensation philosophy are more likely to be genuinely interested, leading to better matches for both parties. 🌟 In a competitive job market, transparency can be a differentiator. Salary discussions are no longer a taboo—they’re a strategic tool for building trust and attracting top talent. Would your company consider adopting salary transparency during recruitment? https://bit.ly/4gJYDBg #SalaryTransparency #HiringTrends #TalentAcquisition #HRStrategy #Recruitment #WorkplaceCulture #EmployeeTrust #FairPay #FutureOfWork #Leadership #FastCompany
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#Stop doing this Today, I attended an interview where the HR asked about my current salary. I was transparent, sharing my current salary, benefits, and my expectation for a 30% increase. After hearing this, the HR mentioned they couldn’t meet my expected increase due to budget constraints. This made me wonder—why isn’t salary alignment discussed upfront in the hiring process? If companies know their budget limits, wouldn’t it be fairer to communicate that early, rather than wait until the end? It saves time and prevents disappointment for both sides. My advice to HR recruiters: please be transparent about salary budgets and expectations from the start. If a candidate fits the role well but salary becomes a sticking point, valuable time is wasted. Candidates are eager, dedicated, and ready to commit—let’s respect that by being upfront and open in the hiring process. What are your thoughts? Has anyone else faced similar experiences? #JobSearch #InterviewTips #HiringProcess #HRAdvice #Transparency #Career
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