I was contacted by a recruitment consultant working on behalf of Continental to fill the Senior Product Manager Digital Solutions position. The consultant was professional and transparent throughout the process, which I appreciated. However, during our discussions, it was revealed that the position remains unfilled because the offered salary is significantly below the average market rate for similar senior-level positions in Portugal.
*Key Observations*
1. Continental has a strong reputation globally, which sets high expectations regarding the alignment of their compensation packages with market standards. Unfortunately, the salary offered for this role was perceived as unfair by multiple candidates, leading to rejection from senior professionals.
2. Despite receiving this feedback, Continental appears unwilling to adjust the compensation to match the Portuguese market for senior-level roles.
*Feedback to Continental:*
This approach is surprising and somewhat misaligned with the company's esteemed image in the market. Competitive compensation is a critical factor for attracting the right talent, especially for senior roles that demand extensive experience and strategic input. I recommend Continental re-evaluate their offer to ensure it aligns with the expectations and realities of the local market.
*Advice to Candidates:*
Before engaging in the interview process, clarify salary expectations to ensure alignment. While the role and company may appear appealing, compensation should reflect the responsibility and expertise required for senior positions.