Would You Take a Job For A Better Job Title? Why We Need More Letters In The CXO Title

 

The driving forces behind the new trend

In the past 20 years, the “Chief” titles burgeoned into every part of the organization in many companies and into emerging roles that once would’ve been for individual contributors only. Why this is happening?

• Very often, new technologies will drive demand for the creation of a new C-level executive. For example, Chief Digital Officer and Chief Security Officer.
• For a lot of startups, they do not have big pocket like the big companies. It is cheaper for them to offer a bigger title than trying to compete on salary.
• C-Suite title is a status symbol for many people. We are all humans and we all want to look good in front of friends and family members. Having a lofty title will impress a lot of people. Read More...