How do you balance internal equity with market competitiveness when setting salaries for new hires? I've faced challenges recently when hiring for a similar role; an external candidate was offered a higher salary than our current employees in the same position. This led to frustrations among my team. What strategies do you use to ensure fairnes?

like
Posting as :
works at
You are currently posting as works at

I beleive this is something that will continuously become a topic of conversation. It’s wild to me that companies aren’t constantly trying to remain competitive internally. We all know external hires will almost always make more money but organizations have to also understand and create a strategy to ensure this doesn’t become an uneven playing field for internal equity.

Related Posts

Does tiger analytics provide training after joining as experienced? How much time generally given to cop up in the project?

like

Hi All!
This is my first post in Fishbowl, I'm looking for some genuine guidance on below query.

I have a total of 8.1 yrs of development experience in Java, Bigdata and Hadoop (new to it).
I got an offer from Capgemini for Manager/C2 designation with a CTC of 24 LPA. I just wanted to know the roles and responsibilities at this designation.
Will it be a profile shift from technical to managerial position or is just a designation (as per HR) the actual job would be to lead/guide any team?
Thanks

like

Quick question

expected CTS for 3.6 YOE as front end (react) developer?

like

Have you had thoughts of quitting the job during pregnancy? My tolerance of low efficiency and meaningless grind is getting so low that it’s a constant thought in my mind. Does this get better later in the pregnancy?

like

What is the biggest piece of advice you’d give someone starting a new role/joining a new team?

like

Actual friends with co workers?

like

Happy to discuss referrals into Microsoft UK. If you see any roles on the careers website that are of interest then feel free to DM me to discuss!

likeuplifting

Hello, I'm urgently looking for an opportunity anywhere in India. Have 14+ yrs of exp in Instructional Design, Tech transformation, training design, Change Mgt. Any referral will be much appreciated. Pls dm me if you have any lead. TIA.

like

I have never seen anything so incredulous. He knows more than the Supreme Court now. He’s cray cray.

Post Photo
like

This didn’t age well…

Post Photo
likeupliftingfunny

Does Barclays give Diwali gifts?

likefunny

Tis the season...
Anyone else have a love/hate relationship with NOAA?

Post Photo
like

Hello Everyone, Can anyone tell how many DC's do Infosys have in Bangalore.

I live in North Bangalore and Electronic city is too far from my home so just wanted to know if there is any other DC apart from Electronic City Infosys

like

Please, help me to know how much will be I hand salary before qtrly bonus or after qtrly bonus. I am very confused with salary structure.

Post Photo
like
like

Need more posts in this group

like

Anyone work on the footlocker account at PHD? Wonder how’d that be

Hardest part of navigating maternity leave and WLB as a junior partner?

like

How hard is the path from lit to GC?

like

Hooked up with a guy I really like in Montreal, too bad I live in the States :(

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal