Latest / The Talent Trade / Talent Trade Tidbit - Recruiter = Financial Advisor
Transcript
- 0:00This is Stephanie Maas, partner with Thinking Ahead Search Firm.
- 0:04Recently, there's been a lot of hubbub about salary, salary, inequality, new salary laws.
- 0:12There's a lot of different things about compensation.
- 0:15And it's been interesting to watch from a recruiting perspective, as I've actually had a couple candidates kind of pull back a little bit.
- 0:23When we've gotten to that part of the conversation, we say, Hey, let's talk about where you're at comp wise.
- 0:30Some of them have hesitated to say, well, I'm not really ready to talk to you about that right now.
- 0:35I'll do my own negotiating.
- 0:37Or, Hey, it doesn't really matter what I'm making.
- 0:39What is the position pay?
- 0:40And most recently, I think that we've had a few examples that really show why it's so important that number one, if you don't trust your recruiter with this information, you shouldn't be working with them.
- 0:53That's bottom line.
- 0:54Second of all, I'd like to put out a gentle reminder that we're on your side.
- 1:00Couple basic things are keep in mind.
- 1:02The more you get paid, the more we get paid.
- 1:05So we're obviously going to do everything we can to get you, if you want the job and it's the right fit, the absolute most money you can.
- 1:13The third thing is, while I appreciate that you may be a professional negotiator in what you do for a living, we're professional negotiators in what we do for a living.
- 1:24Everybody knows LeBron James.
- 1:27Every basketball team, every agent, every player, every owner.
- 1:31But does he go out into the open market without his agent?
- 1:34You think LeBron does his own negotiations?
- 1:37I don't think so.
- 1:38You got to let us work for you.
- 1:41And here's a couple of things recently, a couple of examples on why this is important.
- 1:45Most recently, one of my colleagues is working with a candidate who had found the job that they love.
- 1:50They love the job.
- 1:51They love the bank.
- 1:51They are ready to make a move.
- 1:53Client love them.
- 1:55And the candidate said, Hey.
- 1:57I'm at XYZ base right now, but what I'm really looking for is 150.
- 2:03If you can get me 150, I'll take the job.
- 2:06Now, my colleague, knowing the client and what was important to the client, they had been looking for this role for a long time.
- 2:14He knew what their bandwidth was in previous hires.
- 2:18Actually, was able to talk to the client and got them a base of 180, 180, 30, 000 higher than what the candidate wanted to take.
- 2:32Now, in that situation, aren't you thrilled?
- 2:36To know that recruiter knew more than you did?
- 2:39That's actually happened twice in the last couple of months with my colleague.
- 2:43So, again, candidates, I know at times it might feel a little uncomfortable or weird to have a recruiter representing you, especially when it comes down to compensation.
- 2:53But let me encourage you, this is a critical part of your partnership.
- 2:57They are going to be your advocate.
- 3:00We will leave no money on the table.
- 3:03And also too, by having us involved, it really protects you because the negotiating and playing hardball is what we do, not you.
- 3:13So, if the client has to choke up a little bit more money than what they were expecting and they have any issues with it, they'll feel those negative feelings towards us and not you.