it’s not asking for a 50% raise… it’s giving you the opportunity to retain talent and knowledge for the same rate as a competitor has offered
this post was submitted on 29 Jan 2025
281 points (98.3% liked)
LinkedinLunatics
5906 readers
116 users here now
A place to post ridiculous posts from linkedIn.com
(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)
founded 2 years ago
MODERATORS
I got the impression he means it the other way around: he has to offer people 50% more than they currently earn to get them to switch jobs from the competition to his company.
Tell me you are underpaying your employees without telling me you are underpaying your employees.
Your past salary does not matter to your new boss
Never answer such a question honestly.
Don't answer dishonestly either. Just don't answer. If they press, you probably won't want to work for them anyway.
I've lied, successfully, in salary negotiations. I'm also an ex hiring manager fwiw :)
It works, provided you know what a reasonable salary is. But if you say something unreasonable, they're not going to counter lower, they'll just end the interview process.
I've done hiring as well, but I've never been on the other side of the table for salary negotiations, only for technical interviews. But that's the wisdom I've heard from people in the business, let the company make the offer and counter a bit higher. Revealing your hand merely reduces your options.
Well, anchoring works even when totally unreasonable. Never let the employer say the first number.
Another example of how the anchoring bias can influence monetary decisions is within salary negotiations. If you are negotiating a salary and your boss begins with an initial salary that is low after negotiating, you might be more likely to accept a lower salary than you would have if your boss had begun with a higher initial salary.
https://www.simplypsychology.org/what-is-the-anchoring-bias.html
Oh, certainly have a number in mind. If their number isn't close to the one you have in mind, tell them they're quite far off and see what they come back with, they may overshoot.
The only time you'd want to give a number is if you have a very good idea of what they're willing to pay, and I think a lot of people undervalue themselves.
"As discussed" means your people don't trust your lying ass. You bet I'm gonna send you an email with all the shit you want me to do, but can't be bothered to send me in a clear traceable email.
The option is it's a passive aggressive I TOLD YOU ALREADY, dumbfuck! Take notes if you don't remember the outcome of the useless meetings you put in my calender!
The #hiring tag on the profile picture is the cherry on top
What I find funny is competitors offering 50% more, while knowing you will be joining without knowing their internal intricacies, yet the current employer doesn't want to match it even though you are already well versed in their systems. So, as discussed, pay me 50% more or I go.
It’s less funny when you realize that the people around you that aren’t moving jobs are the ones being taken advantage of and despite being a good little worker bee are getting the most screwed by the company.
Companies realized that people don’t like moving jobs every 3 years and that you hate the friction as much as they do of learning new systems. And so they can take advantage of you and even if they only get to do that for a few years without giving you decent raises, you leaving doesn’t matter when other workers stay there for 5-10+ years getting underpaid.
Essentially this is the only system capitalism could ever have arrived it. People forget that not only does capitalism take advantage of people through the exploitation of their resources, but it also takes direct advantage of their behavior and psychology.
I don't mind the system crap that much, but I always loathe how many of my future team mates are technical psychopaths, and how dysfunctional leadership is.
What's with "As discussed"?
Corporate email way of saying "I already told you. Are you not listening?"
Or maybe a reminder to actually fulfill the agreed upon contract. But that would assume, he is a lying cheapskate, which is very unrealistic for a CEO...
Meh, I use 'as discussed' when I want to commit something I have discussed over the phone, to email. So there is a paper trail when the thing that was discussed doesn't happen, or gets fucked up somehow.
It is also a way of alluding to something without stating it in a digital paper trail. Most of the corporate climbers I've known are like this with email. They'll say something on the phone but avoid putting it in email.
Ah thanks. Construction guy, ain't an amazing gig but we don't have this particular work pain
Nobody wants to pay wages anymore
Here's the thing. How the fuck are they going to know my salary demands is 50% more than at my current job? I certainly won't tell you how much I make but I'll tell you what it will take for me to make a switch.
Exactly! Never tell a new employer how much you're currently making, and ideally never tell them how much you expect to make. Get them to make the first offer if you can, they'll often offer about 10-15% below what they'd be willing to pay, so there's room to negotiate. Even if you like the offer, see if you can get a little bit more, such as extra time off or a signing bonus, just make sure to leave some wiggle to accept the offer instead of them retracting it (they don't want to hire someone who is greedy, but they do want to hire you if they make an offer).
Bitch, you would get the privilege of making a counteroffer out of the magnanimity of my heart and the immense patience I have for what is undoubtedly exemplary C level shittiness.
It's not a right.
Well he can go suck a lemon
I periodically read ask a manager, and i’m curious about just how she’d take someone like this to task. Probably something about choosing to underpay your staff means you’ll have higher than necessary turnover, and star performers will never come work for you.
This guy expect people to assume all the risks associated with starting at a new company (without whatever network they've built up) for free?
This is how capitalism works.
Oh honey, you won't have to worry about that since I'll be lying about my current salary because it's none of your fucking business.
In the job they're in, people already know the scope of the job they have to do as well as the quality of the work environment and colleagues they have, plus have the comfort of a well established routine, whilst at a new job they don't - moving jobs is both a disruption and a risk so it is absolutely natural for people to only do it if they either have no other choice or stand to gain from taking that risk.
Only suckers move jobs for no gain.
That said, the "gain" needs even not be more pay (for example great career opportunities or interesting projects can also work), it's just that from the point of view of a prospective employee, more money is a low risk benefit (because it's pretty much guaranteed since it's there black and white in a contract), whilst things like promises of great career opportunities or working in interesting projects are high risk because they might just be bullshit, oversold or not materialize for some reason or other, so in the risk-reward calculus in the mind of anybody with even the most basic business sense, a low risk reward is worth more than an equivalent reward with higher risk, so more money tends to be preferred.
That this guy can't actually understand what is a pretty basic piece of human Economic thinking leads me to believe that he probably has no other option than to offer more money because either he has nothing else to offer that would attract people away from other companies, people simply don't trust his promises or overselling of how great working in his company is or they fear that a job at a company he is managing is more likely to be lost due to the company failing.
If an employer doesn't think I am worth it and won't pay me more without asking I'd rather find one that apreciates what I do and leave. Last place I worked had every VP call me and ask if they could do anything or pay me more. Welp should've asked me that a year ago mate. They also said misogynistic things and made it a lot easier to leave lol.
Same thing happened last time. I switched jobs. I was like "I've been telling you all the problems with this place for 2 years. Why are you even asking now?"
I'm reading his post the other way around: I think he is bitching and moaning about having to offer a lot more money to attract somebody from the competition.
The situation were somebody has already chosen to leave and the opde employers offers more money as a last ditch effort to keep that employee is a whole different affair with, as you pointed out, the whole element that them offering you more money when you're about to leave means that they've knowingly been underpaying you all along.
Ah perhaps it is a LinkedIn lunatic afteral. I wouldn't want to work with that toxicity for millions lol
And he tagged the Hiring hashtag hahahahah moron. I always osint the hiring manager before accepting any position. I would see this, and flst out reject his offer. I've worked in enough toxic environments to recognize the personalities that create and garner them. Get bent Kiran.