Source: https://www.linkedin.com/feed/update/urn%3Ali%3AugcPost%3A7033121286897754112
Harvard Business Review: How to Build Trust in Employer-Employee Relationships: https://lnkd.in/g2_W3GzF : “Employers will always ask this question because every #position is budgeted, and they want to ensure your #expectations are consistent with that #budget before moving forward.” Every #Employer-#Employee #Relationship must be based on mutual #trust and #respect. Hence, instead of publishing YET ANOTHER ARTICLE re-hashing the same points re-hashed a million times earlier over decades, the following simple advice would suffice.
Given the KEY REASON why employers ask the ‘salary expectations’ question:
“Employers will always ask this question because every position is budgeted, and they want to ensure your expectations are consistent with that budget before moving forward.”
Every Employer must in the first interaction provide a clear answer pro-actively – preferably in the JD – about the BUDGET for the specific ROLE.
For instance, one cannot expect the BUDGET for an entry level ROLE to be same as that of a CEO-CxO level ROLE with solid QUALIFICATIONS and EXPERIENCE. Similarly, a top hedge fund senior leadership role cannot compare with a government leadership role in respective Salary, neither being any less important or valuable from the world’s perspective regardless of the SALARY.
HONESTY, TRANSPARENCY AND TRUST MATTER MOST IN ALL RELATIONSHIPS WORTH CALLING RELATIONSHIPS…
ALL ELSE IS SECONDARY…
Even in top #investmentbanks and #hedgefunds I have known of senior leaders saying that they would not care about a very significant pay raise from a competitor given their manager whom they TRUST…
SO, TRUST MATTERS…
BUILD TRUST TO EARN TRUST…
Also, look at the surveys where 70% or more employees are unhappy with their jobs given their managers… proving again Peter’s Principle: https://lnkd.in/gTemHtX2 : by Laurence J. Peter whose writings I have enjoyed since childhood – One of his books that stood out particularly given its #CommonSense that is more than ever needed in the age of #ArtificialIntelligence is:
The Peter Prescription: How to Make Things Go Right :
…Given, the following observations I shared with the #Management and #Leadership #Executives I was coaching at that time for
MIT Computer Science and Artificial Intelligence Laboratory (CSAIL)
MIT Sloan School of Management:
https://lnkd.in/eknKzm5 :
Lo! Men have become the tools of their tools. – Henry David Thoreau
The real problem is not whether machines think, but whether men do. – B.F. Skinner
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