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09/01/2011

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Chuck,
Great point. I once worked at a small company that used inflated titles. The company was acquired by a huge multinational, but the small company did not immediately get around to changing titles.

A week or two later a "managing director" was arrested trying to steal a statue from an art exhibit. Of course, he was listed as a "Managing Director of the Multinational", which made newspaper headlines in all the NYC papers (and beyond)! Titles can be more dangerous than they seem.

Too true. I once owrked for an organization that allowed their sales team to pick whatever titlee they wanted "to improve their status with potential clients". I had the misfortune of dealing with a sales person who went around with the title of Business Development Manager. Caused no end of confusion with the clients and caused major issues internally since this sales specialist thought he could define what the company had to offer...

Having read this post, I have learned for myself a lot of the new.

Chuck ---- this is the very problem that is occurring in India and China this very moment. Employees are in high demand and expect to be promoted every 2 years. If not they say "adios", walk down the street and get another job within 5 minutes. That is why retention is such a problem. I encourage hiring managers to do behavioral interviewing and probe exactly what knowledge, responsibilities and results candidates and forget about either their title and salary. There are many employees in those countries that have very shallow talent for their title.

Houses are expensive and not everyone can buy it. However, credit loans was created to aid people in such situations.

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