Companies are expecting candidates from a direct competitor doing the exact same job to join for the same salary. This is a recipe for disaster.
Why would they do that?
There are a few reasons why companies might do this. First, they may be under the impression that all candidates are created equal. This is simply not true. There are a wide range of skills and experience levels out there, and companies need to be willing to pay for the best talent.
Second, companies may be afraid of losing out on a good candidate if they don’t offer them the same salary as their competitor. This is a valid concern, but it’s important to remember that there are other ways to attract and retain top talent.
So they end up hiring average or below-average workers and then are disgruntled by their performance.
This is exactly what happens when companies try to save money on recruiting. They end up with a team of employees who are not as skilled or motivated as they could be. This can lead to several problems, including low productivity, high turnover, and customer dissatisfaction.
Insanity is the act of doing the same thing over and over again and expecting different results.
If companies want to break the cycle of mediocrity, they need to change their recruiting practices. They need to be willing to pay for the best talent, and they need to offer them more than just a competitive salary. They need to offer them opportunities to grow and develop their skills, and they need to create a work environment that is challenging and rewarding.
Offering high-impact career moves is one of the best ways to attract and retain top talent.
Top talent are looking for opportunities to grow and develop their skills. They are not interested in lateral moves that will not offer them any new challenges or opportunities.
A 10% pay increase is not enough to entice top talent to leave their current jobs.
They are often treated well by their current employers, and they are looking for more than just a financial incentive to make a move. They want to be challenged, they want to learn new things, and they want to make a difference.
If you want to attract and retain top talent, you need to offer them high-impact career moves.
This means giving them opportunities to take on new challenges, learn new skills, and make a difference. If you can do that, you will be well on your way to building a team of top talent who are passionate about their work and committed to your company’s success.
