Talent Trade Tidbit - What's Your Market Value?

This is Stephanie Maas.

Today I wanna talk to my candidates about knowing your value in the marketplace.

Inevitably, I'm always asked, "Hey, what, what is the market bearing in terms of compensation for somebody that's similar to me?" And again, this is information we have readily, readily available.

I'm happy to share it, but there's more to it than that.

Recently, I was talking with a candidate, and they said, "Hey, um, I've got some, you know, I'm, I'm having some issues with my current organization.

I'm not sure I'm ready to go, but I'm thinking that it might be worth taking a look around." And I said to them, "You know what?

I think if you're unhappy, you should always go find something better.

Life's too short.

However, with that being said, I think your timing might be off a little bit with the market." And what I was sharing with them is that while their skill set really was valuable, it wasn't what the market was demanding at the time. I said, "I absolutely think this is gonna change.

We see it ebb and flow all the time.

But unless you are absolutely miserable, and you just have got to go, you may wanna wait or just realize that your search may take a little bit of time." So I wanted to share that counsel with you.

Yes, I think it's very important to know, are you, from a compensation point, you know, are you congruent with what the market's bearing?

But on the flip side, you have to have a sense for, hey, is my current skill set in demand and at high value in the marketplace?

A very simple and easy way to know this, are you getting a ton of recruiter calls?

And, uh, do they have searches that they're trying to recruit you for?

That's the simplest way.

If you're not, again, it doesn't mean that your skill set's not valuable.

It just may not be with the market today.