Overheard leadership saying our company is making a mistake by offering people more money who are getting hired but losing our talent because we aren’t paying them enough. Wish we had more people like this in leadership!

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Just gotta get people in the door now. We can underpay them later.

likefunny

It’s what you do when you consider talent replaceable. Deloitte is the best example of it in consulting. I give Accenture a pass because they’re public

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It's a current solution to a current problem, but with professional services firms, the relationship and treatment of employees does matter when you're hoping to attract and retain talent in the future. The "future" seems like it came a lot sooner than Deloitte anticipated.

Kpmg is this true?!?

As an overpaid experience hire - probably not applicable for us lol

I see this reality. More new folks are hired above the level as compared to internal talents, which means more pay for externals than internal. The sad part, the internal talent is ask to buddy up, ‘help’ the external hire. sad I know, but true

That is happening in a lot of places but they never learn

Yup

Overpay now and stick it to ’em later with low raises and bonuses for a few years.

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