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How Do You Keep From Hiring Superstars That Can Kill Your Company?
I was just having coffee with a friend of mine. I’ve known Bill for years and I’ve never seen him this upset.
“You wouldn’t believe what my boss just did!” Bill said to me.
“What did your boss do?” I asked.
“They just promoted someone who has no work experience to my level of Director. I was so pissed that I went to my boss and threatened to quit.”
“What did your boss do?”
“He said he would talk to the CEO about promoting me to a level between VP and Director.”
I started laughing.
“Why are you laughing Brett?” Bill asked.
“It’s a classic maneuver,” I said. “You have a bunch of disgruntled employees and you’re worried about losing them.
“So what do you do? You promote them so they’ll stay. Sometimes it works and sometimes it doesn’t work.”
“I’m still pissed,” Bill said. “I’ll take the promotion if I get it, but I don’t trust these people (management) any more.”
You lose the trust of your people when you overpay someone.
Make no mistake about it. You can overpay someone by non-monetary means as well. And an inflated…
