Employers require full transparency from us yet rarely reciprocate.
Think of your last job offer: Your prospective employer subjected you to multiple interviews, a technical exam, asked for several references, and checked your certifications, college grades, standardized test scores, credit history, citizenship and criminal background. Yet when you asked about such things as compensation data, employee satisfaction ratings, or references from current and previous employees? Well, to quote Pink Floyd, “it’s no surprise that they’re giving none away.”
You aren’t on a level playing field. This extraordinary imbalance in information and power has been accepted as “the way things are,” and has come at a massive cost to millions of us in the form of undercompensation, unfulfilling jobs and derailed careers.
At TalentGenius we’re looking to lead a transparency revolution by and for knowledge workers. So you are armed with complete information on your market and every company in it. So you find your fit.
As consumers we’ve obtained immense transparency in the past generation. When buying a car, we know precisely what the dealer paid for it. We can easily find the price history of a home, the cheapest flight for a weekend getaway, or the best deal on consumer electronics within seconds. Yet with your career, by far your most important economic asset, it’s still guesswork.
This is all about to change.
The Talent Transparency Revolution
In the U.S. several states have recently enacted pay transparency laws. It’s a good first step, yet these laws only help so much. The shortcomings? First, the information provided by individual employers isn’t clear, as the salary ranges provided are very broad or don’t reflect total compensation (which comes through salary plus bonuses, stock ownership, and other benefits).
Second, and more importantly, pay is only one piece of the puzzle. After all, taking a job solely for pay is similar to marrying for money; it rarely works out.
Getting Fit: Your goal should be to find fit. That is, any job should fit not only with your compensation needs, but also your life situation, career ambitions and values. Our research makes clear those experiencing the greatest success and joy (yes, joy!) in their work score highly across the multiple variables that determine fit, encapsulated by the new equation of job transparency:
Fit = Pay + Policies + Growth + Values
Knowing each of these elements in great detail, across any potential employer in your profession, can transform your career journey from an exercise in luck to one of far greater certainty.
You should have pixelated detail on the four elements below for any prospective employer:
Talent Empowered by Talent
The questions above are universal and have existed as long as there has been work. Yet it was impossible to answer them completely before now as the necessary information was vastly decentralized — in the minds of every individual in a market.
But what if everybody could come together, to share their experiences and insight for collective benefit? And what if this collective information could be curated (through AI and community) for your personal career journey, to help you each step of the way?
That’s what TalentGenius is all about. We’re applying a Web3 model to create a career success machine.
Those in the same profession and area of expertise (what we call a guild) share information across these criteria for mutual benefit. And they trust the platform because it’s theirs; members of the platform create, curate and consume the information for mutual benefit, in contrast with the current Web2 models (think Facebook) which capture your data and use it to benefit others (e.g., themselves and their advertisers). On TalentGenius it’s all by the members for the members. Each of them gives a little information and then gains access to a lot. In fact, all of it.
This is talent empowered by talent. A community of like-minded peers coming together to give you the agency and power that comes with full transparency. Because your future self is too important to be left to chance.