One FTE – impressions of a corporate life

the restored and annotated archive — 831 comics

  • why external hires get paid more

    why external hires get paid more

    original publish date: 30th April, 2012

    decades on …

    Commentary coming soon.

    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.