Google recruiters have recently begun requesting written proof of rival job offers for tech roles before considering upping their own offer. Does this give Google a competitive edge when it comes to salary negotiations?
Yes, this allows Google to see competitor compensation package structures and improve their own.75%
No, offer letter reviews should be standard industry practice.25%
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Senior Director, Defense Programs in Software, 5,001 - 10,000 employees
Corporations already have competitive advantages over individual candidates with respect to data on salary negotiations. This alone doesn’t impact it greatly.Content you might like
Yes, definitely13%
Possibly57%
Not sure20%
Unlikely10%
No, not at all0%
79 PARTICIPANTS
Founder, Self-employed
Work travel is a privilege. Embracing your experience to meet new people, and see the beauty of nature and culture wherever you go.CTO in Software, 201 - 500 employees
Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.Director of IT in Healthcare and Biotech, 10,001+ employees
Here's a template that you can use: 1. Executive Summary
Background: Explain the objectives and risks and reasons the IAM is needed.
Specify the IAM governance scope (e.g., user access to systems, privileged ...read more
Competitive pay40%
Comprehensive benefits51%
Company-supported learning opportunities51%
Career advancement opportunities48%
One-on-one mentorship and coaching23%
Cutting-edge projects23%
Other (I’ll share in the comments)3%
We’re having trouble attracting new IT talent8%
120 PARTICIPANTS
99% of the time our HR Department will now allow us to "compete" on salary. Their opinion is the privilege of working for us should be enough additional compensation based on their analysis of salaries for roles.
I don't agree with this perspective, but this is for a 130k person company.
I believe in some instances we should try to compete, but primarily only for new hires. For existing employees if they have already secured offers, they probably should move on to their new role.
Chris, I agree with you. But I'd make an exception for a stellar employee who already expressed dissatisfaction with compensation, and the desired increase was turned down based on HR guidelines. If the employee gathers evidence that his/her market value is greater than HR's determination, HR should be persuaded to make the adjustment.
Our firm has in the past made market adjustments. And this year they did do a few, but it was not wide spread.
However in "normal" economic times, our corporate policy in general is not to counter even on stellar employees. (I disagree with it, but need to live with it) I won increases for my stellar folks perhaps 5% of the time. When you have 130k employees, frequently the policy wins over good judgement.