Donald Trump was quoted as supporting paying full price for something important to you. Many deals, both in business and in personal situations, are lost over $5,000-10,000. $5,000 to $10,000 broken down over time is a small amount. Imagine losing your dream house over $5,000. Thats roughly $14 per month. Thats a tough loss. Again, if there is something you must have, pay full price and dont let it slip away.
We recruited for a Tier One software company where many of the candidates were also being entertained by a Big 5 consulting firm. My client was the software company and almost always we would get the candidate (even though the compensation was less and the company name wasnt as prestigious; it was because the software company did a better job of recruiting).
Here was their typical interview process
Attracting the Right Talent:
Entering the Building:
How Candidates are lost:
I have almost a 100% acceptance rate from candidates. Often times it isnt the best money or the best opportunity they had been offered. It was the high quality interviewing process. Considering the time and effort by the people in the company and the additional expenses of travel, companies cant afford to lose the right candidate. Hiring is like any relationship: The more you put into it, the more you get out of it.