04/01/2023
HR: "What is your salary expectation"
Candidate: BDT 35,000 to 40,000 a month.
HR: You are the best fit for the role but I'm afraid we can't afford you.
Candidate: Okay BDT 25,000 would be fine.
HR: How soon can you start?
Meanwhile, the budget for the particular role is BDT 50,000. HR feels like they did a great job in salary negotiation and management will be happy they cut costs for the organization.
The new employee starts and notices the pay disparity.
Guess what happens?
Dissatisfaction, Disengagement, Disloyalty!!!
Two months later, the employee leaves the organization after getting a better job. The recruitment process starts all over again. This leads to further costs and performance gaps within the team and organization.
In order to attract and retain top talent,
"𝐏𝐋𝐄𝐀𝐒𝐄 𝐏𝐀𝐘 𝐏𝐄𝐎𝐏𝐋𝐄 𝐖𝐇𝐀𝐓 𝐓𝐇𝐄𝐘 𝐀𝐑𝐄 𝐖𝐎𝐑𝐓𝐇".