When the decision between candidates for your open IT job comes down to a question of money there are a few questions you should ask yourself before making a decision. The old adage suggests that you get what you pay for and this has never been more true than with qualified employees. Making the wrong decision based solely on money can end up costing your company more than you save. Here are a few things to consider when you’re negotiating for IT talent.
- Don’t be inflexible with money. If a few dollars, or even a few hundred dollars, makes the difference between hiring the best candidate and waiting to fill your job, don’t let money stand in your way. The costs of letting the job remain unfilled or filling it with the wrong candidate will quickly outweigh the additional money for a higher salary.
- What you can’t pay in salary make up in benefits. You may not have as much flexibility with the salary as you’d like but you could make up for it in other ways. Bonuses, benefits, and days off can all add up to create a fuller package for the potential employee. Talk with them about what they really want.
- Customize the compensation package. Each candidate will bring different qualifications to the table so don’t assume you can produce a one-size-fits-all salary solution. While you want to keep their salary in line with similar positions in your office you should recognize the individual’s needs when designing the compensation.
- If they say no, keep the communications open. A good candidate will have conducted their own research on the salary for the position. Based on the information they find they should have developed a “walk-away” number. If your offer comes in below this number they won’t entertain it. But if they say no talk to them about their minimum and go from there.
Are you looking to hire a superstar for your IT department? Contact Three Pillar Staffing Agencies in Dallas TX to see how we can help today!