The current economy is ripe for executives to transition, and companies are willing to pay for top talent. According to CFO, “In 2018, the average pay hike for job-switching C-suite and VP-level executives was 11.42%, based on compensation data related to several dozen placements in 2019 by executive search firm Salveson Stetson Group. Last year, that figure climbed to 14.64%.” That’s significantly higher than the average yearly raise. Is it time to start looking for a new job? Read on in “To Make More Money, Find a New Job.”
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If you’re seeking a position as Chief Information Officer, here are several things you’ll want to know before you accept the job. Read on in CIO Magazine’s article, “7 Questions CIOs Should Ask Before Taking a New Job.”
My colleague, Ardith, of Ardith Rademacher & Associates executive job search firm, penned this fantastic piece in her latest newsletter on good communication. I am resposting it for my readers with permission. These are powerful tips for every executive.
The Fine Art of Effective Communication
Guest Post by Ardith Rademacher
It can be so easy to fall back on jargon or catchphrases that you hear in the office or on television. Some people even use them consciously in attempt to make themselves appear more relatable or up-to-date and modern. However, this can do more harm than good. Many times, relying too heavily on overused expressions can make you seem uninformed, uncaring or simply unprofessional.
One of the most annoying things people can do in conversation is use heavy business jargon. How often have you heard someone say, “Let’s circle back on this. I’ll ping you in the next day or two.”? This statement can be confusing to those who are not familiar with these phrases, particularly if you work with people who speak other languages. Be direct: when exactly can the other person expect to hear back from you, how will you be reaching out, and what should they expect to receive at that time? Clarity in communication is more important than lingo.
In the same respect, flippant replies or clichés can also give the wrong impression. Overly casual responses, such as “no problem,” “sure,” “fine,” or “yeah,” can convey that you may just be trying to appease the other person, or worse, that you were not truly listening. Clichés, such as “it is what it is,” are meaningless and can come across as uncaring. Using these types of phrases will not instill trust in you or your ability to deliver on a job.
Even though it should go without saying, the use of profanity in professional and the majority of casual conversations should be avoided. Those who speak with heavy profanity are typically regarded as unintelligent, unprofessional, rude or just plain angry. Definitely not qualities that employers or clients are looking for! Even phrases that are not direct profanity, such as “pissed off,” can have the same effect.
Finally, the use of negative words or words and phrases that do not demonstrate confidence should be avoided. Instead of saying that “I cannot have that done until Tuesday”, flip the statement to a positive by saying “I can have that to you on Tuesday.” By speaking in affirmatives, and using language that sets clear expectations, you can help your colleagues and peers know what to expect and you will come across as more dependable.
The fine art of effective communication involves understanding when certain phrases and expressions should be used and when they should be avoided. Keep flippant replies and clichés out of the office, and only use in casual conversations with friends and family. Use of jargon in professional settings may cause misunderstandings that end up hurting your work or credibility. Profanity and negative words should be avoided at all costs. Follow these guidelines, and you will quickly become a master of communication.
Ardith Rademacher & Associates is proud to introduce our newly designed website, www.strathire.com. For 25 years, Ardith Rademacher has excelled at strategic hiring solutions for construction and engineering organizations nationwide. Following the feedback from our clients and candidates, we designed a website to continue in that tradition. We know that you prefer simplicity which is why our website is simple and clean. We have created a menu which invites you to find information you need about ARA, Inc. and our strategic hiring services. If you are an organization looking for a construction recruiter or if you are a candidate investigating a new construction job, come visit us at www.strathire.com. As always, I encourage you to respond to this email with your thoughts on the discussion, our new website or how Ardith Rademacher & Associates can be a solution for you.
Today’s senior executives and workers are going to great lengths to disguise their true age. Read why in Wall Street Journal’s article, “Older Workers Have a Big Secret: Their Age.”
Though Chief Digital Officers are less common than Chief Information Officers, CDOs are stepping into the CEO role at a much higher rate. This article from CIO Magazine, “What CDOs can teach CIOs about how to reach the CEO role,” share why that is and advice on how both titles can advance.
With venture-backed companies staying private longer, Pitchbook shares how average salaries for CEOs and CFOs in late-stage private companies are trending. Read more in “A look at CEO vs. CFO compensation at late-stage private companies.“
Read about the current expectations of future CEOs in Chief Executive’s article, “The CEOs Of The Future Aren’t Who You Think.” Ed Cody, Chairman of the Pentagon Federal Credit Union, outlines the “characteristics of leaders that ultimately lead to solid organizational culture and success” in the areas of people, leaders and business.
Customers value authenticity more than ever. Executives must now connect emotionally on social media, echoing their company’s values and purpose, in order to generate trust and loyalty.
Raoul Davis, Partner at Ascendant Group, a global CEO and corporate branding firm, shares three great tips for CEOs to improve their branding in the Forbes article, “Executive Branding: The Importance Of Communicating Values To Increase Emotional Connectivity.”
CFOs are increasingly in demand within the nonprofit sector and more finance executives are making the move. “[F]inancial management skills are at a premium. ‘Many nonprofit organizations are trying to behave more like businesses.'” The change is not without its challenges for Chief Executive Officers making the transition.
Read more in this week’s Wall Street Journal article, “Corporate CFOs in High Demand at Charities as Budgets Come Under Scrutiny.”
When it comes to recruiters, retained vs. contingency could boil down to whether they have the company’s best interest in mind, or their own. Read Undercover Recruiter’s article, “Contingency vs. Retained Recruiters: What is the Difference?” for more insight into these two recruiting styles.
For more on how to best work with a recruiter, read my article, “Quick Tips for C-Level Executives on Working with Executive Recruiters.”