Salary & Sacrifices
I put a (rather unscientific) poll out on LinkedIn. And while any social network poll should be taken with a grain of salt, I still think the results are still worth some reflection.
So there's number of things that are wrong with the poll: for one, it leaves out the population of people who wouldn't take a pay cut at all, or those who would sacrifice perks for more money. It also doesn't factor actual roles, industries, salary levels, and whether people are part of a dual income relationship/non-primary earner. There's also the simple fact that it's easier to answer a poll than it is to sign an offer letter.
All that being said - I still think there's a critical takeaway for anyone in leadership: Flexibility matters. We convince ourselves that employees are always chasing the top dollar - that attrition is because people aren't loyal and because they are greedy.
That has me thinking, if you're in a hiring role, it's high time to be asking candidates: "If you had free reign to design your work week, what would it look like so you can do your best work while being the happiest?"
(And then listen closely...)