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How Flexible Is Your Compensation Package?

I was at the gym the other day when I learned the importance of being flexible. Unfortunately, I’m about as flexible as an iron bar. The trainer told us to get into a spider position. If you don’t know what that is, let me paint you a picture. He had us lay on our stomachs, reach back and grab our ankles, and arch our entire body.

Flexible Compensation Package

As I was haphazardly flopping side to side, trying desperately to reach each ankle, I quickly learned that the “spider” just wasn’t in my wheel house. I know what you’re thinking, and yes, I was the only one that couldn’t do the spider. I wish I had it on video because my trainer was bent over with laughter, saying I would be a huge hit on YouTube. The rest of the group was putting their heads down so I wouldn’t see the enjoyment painted on their faces from watching me fail miserably. I looked more like a fish out of water than a spider.

fish-flopping

Just as I am woefully inflexible in the gym, I see many of my clients being inflexible when it comes to hiring. In the candidate-driven market we are currently in, this inflexibility just won’t fly! For example, I have a client that will not start anyone with more than two weeks of vacation, no matter their level of experience. This inflexible compensation package is causing them to lose out on A-level candidates because they have 15 years of experience and have earned 4 weeks of vacation. When you look at the long-term impact that this candidate will have on your organization, an additional 2 weeks of vacation is not something worth holding on to simply because “this is how we’ve always done it.” In the end, the inflexibility of the company could end up making them look like a fish out of water, desperately flailing around trying to be a spider without putting in the work it takes to get there.

The final question is: is your company flexible and ready to do what it takes to hire A-level candidates? If not, you will end up like me at the gym. The only person in the room not flexible enough to do the spider, flopping around while everyone else gracefully adapts and grabs their ankles just in time to nab that top talent.