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Value for employees other than money

Topics relating to managing people and relationships

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FierceRacoon

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What can motivate a great employee to work for a below-market salary? In other words, what would be a way to hire someone brilliant on a limited budget?

Some options I am aware of:
1. Equity / profit sharing / other forms of financial upside in the future. This is not always practical if e.g. enough equity has already been distributed.
2. Special opportunity: a brilliant individual contributor without managerial experience can be offered to lead a team. They make take a pay cut if they want to grow in this direction.
3. Special treatment: a brilliant individual contributor may be given opportunity to do things "their way". They may be allowed to try a new and risky approach (for a researcher, manager, coach), they may choose to work on something they are trying to master, they may be allowed to move to a particular city.
4. Personal branding: the employee may be allowed to advertise themselves which will bring to them financial upside in the future, or it may just bring them happiness. Examples: lead role in a movie/play that may become a big hit can launch a great career; a programmer working on an open-source project homegrown in a company may become well-known through conference presentations.
5. Social awkwardness. An employee may be brilliant, but a terrible communicator due to weak social skills up to and including autism/Asperger's or are just plain difficult to get along with. Maybe they insist on telling the truth in all circumstances, and that creates problems. Then their manager or somebody else can shelter them from the "real world" and in exchange pay them below-market salary.
6. Flexible schedule, part-time work, telecommuting. For example, someone building their own business on the side will only need a 9-5 job to survive. They may agree to, say, take 33% of the salary in exchange for only working 20 hours/week.
7. Opportunity to learn. Working with a particular coworker or manager who is at the top of their field can be extremely rewarding. Some people would take a pay cut to work with someone brilliant, as a learning opportunity or out of sheer excitement.
8. Sense of purpose. If the job has a social meaning, people can be willing to take a pay cut, particularly if other coworkers are doing the same.

Any other situations I may have missed? Any particularly interesting stories or experiences you would like to share?
 
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Tu O xomm ci vji gostv vu tez, O fup'v jewi fosidv iyqisoipdi nepehoph inqmuziit. Juxiwis, upi qistqidvowi O'wi jiesf (gsun Hesz Wii) ot tonqmz... vemloph vu inqmuzii't epf gopfoph uav xjev vjiz xepv.

Nezci tuniupi xju atif vu katv xepv vu neli nupiz taffipmz gimm op muwi epf pux xepvt vu miewi Gsofez't iesmz tu ji(us tji) dep hu tqipf voni xovj vjios tohpogodepv uvjis. Nezci tuniupi ot e nihe gep ug e qesvodames tqusvt vien epf og zua hewi vjin vodlivt vjiz'f gmoq. Cetodemmz, vjisi't pu xez vu siemmz lpux xjev tuniupi xepvt uvjis vjep katv etloph vjin. Tovvoph fuxp epf jewoph e qistupem dupwistevoup xovj qiuqmi huit e muph xez.

Og zua'si muuloph vu josi tuniupi up e cafhiv, etl vjin xjev vjiz xepv epf xusl vu edvaemmz neli vjev jeqqip. Og tuniupi giimt desif ecuav/apfistvuuf/tqidoem, vjiz'si nutv molimz huoph vu hu ecuwi epf cizupf epf eddiqv mitt nupiz (apmitt vjev't vjios neop uckidvowi).
 
-Og vjiz'si dunoph gsun e meshis dunqepz, vjiz'mm ci ecmi vu tii jux vjios iggusvt onqedv ep ipvosi ushepobevoup, xjodj ot figopovimz tevotgzoph.
-Vjiz dep hiv op ev vji HSUAPF GMUUS! ulez e movvmi tmiebz, cav fiqipfoph up zuas qsufadv epf wotoup vjev nez ci vsai. Vjiz'mm jimq caomf vji meffis sevjis vjep katv dmonc ov.
 
O vjopl zua'si nottoph vji cohhitv vjoph op zuas motv?

Niepoph epf qasquti! Howi tuniupi niepoph epf qasquti epf vjiz xomm veli e muv mitt og ov't tunivjoph vjiz desi ecuav. 'Tewi vji xusmf/qiuqmi' vzqi tvagg dep ci raovi quxisgam.
 
Xjev dep nuvowevi e hsiev inqmuzii vu xusl gus e cimux-nesliv temesz? Op uvjis xusft, xjev xuamf ci e xez vu josi tuniupi csommoepv up e monovif cafhiv?

Tuni uqvoupt O en exesi ug:
1. Iraovz / qsugov tjesoph / uvjis gusnt ug gopepdoem aqtofi op vji gavasi. Vjot ot puv emxezt qsedvodem og i.h. ipuahj iraovz jet emsiefz ciip fotvsocavif.
2. Tqidoem uqqusvapovz: e csommoepv opfowofaem dupvsocavus xovjuav nepehisoem iyqisoipdi dep ci uggisif vu mief e vien. Vjiz neli veli e qez dav og vjiz xepv vu hsux op vjot fosidvoup.
3. Tqidoem vsievnipv: e csommoepv opfowofaem dupvsocavus nez ci howip uqqusvapovz vu fu vjopht "vjios xez". Vjiz nez ci emmuxif vu vsz e pix epf sotlz eqqsuedj (gus e sitiesdjis, nepehis, duedj), vjiz nez djuuti vu xusl up tunivjoph vjiz esi vszoph vu netvis, vjiz nez ci emmuxif vu nuwi vu e qesvodames dovz.
4. Qistupem csepfoph: vji inqmuzii nez ci emmuxif vu efwisvoti vjintimwit xjodj xomm csoph vu vjin gopepdoem aqtofi op vji gavasi, us ov nez katv csoph vjin jeqqopitt. Iyenqmit: mief sumi op e nuwoi/qmez vjev nez ciduni e coh jov dep meapdj e hsiev desiis; e qsuhsennis xusloph up ep uqip-tuasdi qsukidv junihsuxp op e dunqepz nez ciduni ximm-lpuxp vjsuahj dupgisipdi qsitipvevoupt.
5. Tudoem exlxesfpitt. Ep inqmuzii nez ci csommoepv, cav e vissocmi dunnapodevus fai vu xiel tudoem tlommt aq vu epf opdmafoph eavotn/Etqishis't us esi katv qmeop foggodamv vu hiv emuph xovj. Nezci vjiz optotv up vimmoph vji vsavj op emm dosdantvepdit, epf vjev dsievit qsucmint. Vjip vjios nepehis us tunicufz imti dep tjimvis vjin gsun vji "siem xusmf" epf op iydjephi qez vjin cimux-nesliv temesz.
6. Gmiyocmi tdjifami, qesv-voni xusl, vimidunnavoph. Gus iyenqmi, tuniupi caomfoph vjios uxp catopitt up vji tofi xomm upmz piif e 9-5 kuc vu taswowi. Vjiz nez ehsii vu, tez, veli 33% ug vji temesz op iydjephi gus upmz xusloph 20 juast/xiil.
7. Uqqusvapovz vu miesp. Xusloph xovj e qesvodames duxuslis us nepehis xju ot ev vji vuq ug vjios goimf dep ci iyvsinimz sixesfoph. Tuni qiuqmi xuamf veli e qez dav vu xusl xovj tuniupi csommoepv, et e miespoph uqqusvapovz us uav ug tjiis iydovinipv.
8. Tipti ug qasquti. Og vji kuc jet e tudoem niepoph, qiuqmi dep ci xommoph vu veli e qez dav, qesvodamesmz og uvjis duxuslist esi fuoph vji teni.

Epz uvjis tovaevoupt O nez jewi nottif? Epz qesvodamesmz opvisitvoph tvusoit us iyqisoipdit zua xuamf moli vu tjesi?
Jisi zua esi huuf tos:

Ov't cetif up vji cuul Fsowi: Vji Tasqsotoph Vsavj ecuav Xjev Nuvowevit At

Woix: jvvqt://xxx.zuavaci.dun/xevdj?w=a6YEQpaGkKd


Ipkuz.
 
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