Product details

The job market had been swayed by the worldwide practice of bestowing extravagant titles. This tendency to give high sounding titles was particularly prevalent amongst start-ups while on the other hand, it tried to make-up for lesser remunerations. In the existing tight labour market, such titles were a strong motivation for potential employees seeking better opportunities. In the evolving competitive job scenario, employees were frequently changing jobs to get ostentatious titles like 'Chief Senior and Lead'. The major reasons for the popularity of elevated job titles were related to ego satisfaction, rewarding and retaining employees. Besides, professionals were provided with prestigious titles in the initial stages of their careers. Customarily, a job title represented status and prestige providing people with satisfaction over their achievements and ranks in an organisation. A mismatch between indicative value and the reality could lead to disappointments. Apparently, companies were using high sounding titles without considering the ultimate consequences which might include a negative impact on employees' career growth. On the other hand, employees could miss out on learning essential skills which came gradually, resulting in a false positioning. Would job title inflation lead to undesirable outcomes for both employer and employees?