Make the Case for More Pay: One Cool Trick
All the talk of bigger paychecks has your attention. You’d like a bigger one yourself and you’d rather not have to show up with an offer just to get a raise. How do you position yourself to get [...]
All the talk of bigger paychecks has your attention. You’d like a bigger one yourself and you’d rather not have to show up with an offer just to get a raise. How do you position yourself to get [...]
Rising salaries in BVFLS have everyone’s attention. Maybe yours. If true, you should be looking at your situation through an accurate lens. What does that mean?
You would have to be asleep not to notice that pay is changing in the BV world. The salary numbers you’re hearing about are going up. And in some cases, way up. Is there any reason not to see [...]
Every practice makes pay decisions differently. What do you know about the rationale behind how those decisions are made where you work?
If you’ve never said it, you’ve heard it from someone else. It sounds like such a reasonable question. You calculate the ‘worth’ of things all the time. Why can’t someone do that for a job?
If there was a Question Hall of Fame, this one would be in it. Sometimes you’d like to know before comp conversations begin. Sometimes you need to know if the offer isn’t what you thought it would be.
Compensation tells the story to your employees about how you value them. That makes it uncomfortable talking with employees about their pay because there are so many ways those conversations can [...]
It can start with that vague feeling that you should be making more money. You may phone friends in other BV/LS practices to talk to a recruiter to find the evidence to support your thinking. [...]
You don’t need BV comp data very often. However, when you need it to attract and retain top talent, you need it. Why can’t you find it?
There is no escaping the fact that employees are motivated by money. You might think the higher the wage increase, the greater the job satisfaction. A pair of economists say maybe not.