Last week The Wall Street Journal reported a 17-year high for folks leaving their roles to take new positions this year. This comes with reports of 30 percent plus increases for those in executive and management level roles. The average annual increase for employees this past year across all organizations in the USA is under 4 %, with promotions less …
I Love This Place! …Wait, I Got Screwed!?!?
You found a new gig and you’re excited about it. During the interview process, you developed immediate chemistry with the hiring manager/now boss, so much so that you decided to take a bit of a risk. You would have liked to receive a bigger offer, but you’ll make this work. Okay, so maybe it was a little disappointing that it …
Influence 101 – It’s Not Enough To Ask For A Raise: Understand Who You’re Asking
Raises. Of course you should ask for them. Don’t get caught thinking the market inside your company will take care of you. But with that said, let’s break down a couple of realities: 1. Only good-to-great performers really have leverage to ask for more money. If you’re not in that group, you can throw a legal fastball by somebody for equity, …
That’s What The Money Is For
With your best people, there’s always a rub that emerges. Who owns the idea? Let me rephrase: You can have the best people that are just really good at making the trains run on time, and there’s tons of value in that. But the ones that have the most value are always the ones that are true idea generators. Companies, …
A Compensation Plan Where Everyone Earns More Is… Stupid
When I finished my undergrad, I wanted to be a college professor. Summers off, four or five classes to teach, the opportunity to do research, no high school punks to deal with—it seemed perfect for me. So, I entered grad school and taught two classes on my own while taking my classes. I loved teaching, but hated being a teacher. …
Show Me The Shekels
My buddy KD just wrote a piece about the importance of the Employee Development Plan when targeting the performance “middle-class.” It makes a lot of sense; you have 20% of your people who don’t want development, 20% who manage their own development, and a huge population in the middle who are waiting to be captured by one camp or the other. …
Musing On The Candidate Experience… In Parental Recruiting Mode
I have two teenagers… both were gainfully employed last summer. Which meant I had a summer of bliss. You know what I mean if you have teenagers. Both did great at their jobs, their bosses loved them, and they were asked to come back this year. But there were some fails along the way that damaged their candidate experience. What …
5 Things You Should Know This Week
Welcome back to another great week with your favorite blogging team! Here are five things to get your week started right: 1. The Incredible Shrinking Incomes of Young Americans: It’s repetitive for some to hear, but important for everybody to know: You can’t explain Millennial economic behavior without explaining that real wages for young Americans have collapsed. 2. How to Know …