Categories: Wages

Want to double your salary?





Traditionally job hopping has been looked upon as unfavourable but nowadays it is seen as far more acceptable.

Job hopping can open up a number of opportunities beyond just salary negotiations; it creates new openings to additional development and responsibilities.

The reality is that internal promotions are typically very controversial. For every one promotion, several other employees have their noses put out of joint.

It can be far less controversial to helicopter-in a new external hire. Existing staff have no knowledge of their shortcomings and the hiring manager can create the new joiner as something of a superstar. It makes sense to appoint a superstar, right?




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“Anchoring or focalism is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions.”

Guess what? In an existing role, you have one massive anchor driving all salary renegotiations – your existing salary!

New roles allow you to break free from this. Why not set the anchor to something much higher and see where it takes you?


If you are a job hopper who worries about discussing your work history with potential employers, it’s important to be honest and clear. Explain the reasons for each change; it can help spur discussions about the appropriateness of the prospective role. It can also trigger frank discussions about company culture, management style, expectations for the job and your own personal interests and strengths.


Talk to Executive Agents about how we can help get your career moving in the direction you really want it to.




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Troy

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