Tuesday, September 19, 2006
Don't underestimate the power of the job title
Most senior managers would be prepared to forego a pay rise in return for getting a better job title, new research has suggested.
The survey by UK recruitment firm Imprint Search & Selection found that more than half of senior managers rated their job title as important to them, but only a third of non-managers held the same view.
More than a third of the managers admitted they had already taken a title rise without a pay rise, compared with only one in five non-managerial staff.
Senior managers were also much more likely to swap part of their pay rise for a title rise than the average worker.
But managers say that it isn't just vanity that makes their job title so important. Instead, it seems that they view job titles as a career advancement tool in the highly competitive UK jobs' marketplace and one that can often be used as a bargaining chip in performance review and career negotiations.
See full Article.