A $235k salary might sound insane to some. BUT A 80k hire that also drags the team down? That’s a real cost. A 235k hire that opens up new revenue streams, streamlines processes, and makes your business more efficient? That’s an investment. The right hire may ask for more up front, but will multiply returns in the long run. We did the math... cheap isn't always worth it.
What if employers sourced for value add instead of a specific pay number or title? I once had an employer tell me I wasn’t qualified due to my title, even though I was managing more direct reports/indirect reports than the role, at a much larger company. Silly
Was listening to "The Science of Scaling" this morning and they mentioned how the founder and CEO of Netflix (Reed Hastings) insisted on hiring one exceptional engineer instead of 10 average ones for the same amount of money, Andrew Crapuchettes. He swears by it and hasn't looked back... I guess it turned out pretty well 😉
Avail here!
I agree with you. However, there are not very many $200k+ jobs hiring right now. The market is incredibly thin for opportunities. Currently in the middle of that experience. What I see is that mid-sr management dropped salary offers to around $150k-$170k, which is significantly behind inflation based on rates just two years ago.