One FTE – impressions of a corporate life

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why external hires get paid more

why external hires get paid more

original publish date: 30th April, 2012

decades on …

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transcript

FTE #1: Com why do we willingly pay market rates for external hires yet cap salary.

FTE #2: Increases for internal promotions?

FTE #1: Because, regardless of circumstance, companies are generally uneasy about significant pay increases.

FTE #2: You get that there's no way of knowing if the external hire is getting the same level of {acreage right?

FTE #1: Yes. Thank goodness, or we'd never hire anybody,

Caption: I Lf a When it comes to salary, big moves up generally start with moving out.