If you pay peanuts, you get monkeys
We have all heard this saying, but how do you know if you are getting dangerously close to getting the same monkeys
Well, salaries have risen sharply recently, and candidates have an even higher salary expectation when we have the headhunt them. (Well would you leave a great role for the same money)?
A long term client of mine used to pay a great rate for IT Technicians, however, the market has moved on, and now there are hybrid roles, fully remote, lots of flexibility, work-life balance and salaries have risen. But this client has not.
Their salaries are the same as they were in 2020, the benefits are pretty poor in comparison to their competitors, and they want staff in the office every day.
As a result, they are not an employer of choice any more and they are only getting monkeys as they are now paying peanuts.
So in summary, maybe it’s time to see what your competitors are paying for the same staff, and make sure you are getting the right staff.
If you would like to see how your salaries compare, drop me a message and I’ll complete a salary survey for you. gratis.
Until next time.
Steve
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