Pay Guidelines for External Hires
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Setting the pay when you hire an external candidate is done in consultation with your local HR manager, who will help you consider all aspects of the decision.
Salary for External New Staff Hires
Factors to consider when determining salary offers:
- Candidate’s knowledge and skills related to the role
- Candidate’s previous experience related to the role
- Regional market for the job.
- Internal equity – how pay compares to the current peers in the same role with comparable experience and skills
- Candidate’s current pay, if voluntarily provided by candidate, as well as existing short and long term incentives, etc.
- Manager/subordinate pay – how candidate’s pay would compare to manager
Sign-on bonus may be considered for a new hire in unique situations
- See the Bonus and Incentive Guidelines matrix for additional information
Additional Resources
- The Recruiting & Onboarding section of this website includes guidance when hiring a benefits-eligible staff member
Through Sequoia, benefits-eligible staff will automatically receive an invitation to attend the weekly Stanford Onboarding orientation as part of both their Preboarding journey and Day 1 Essentials journey. To learn more about the Sequoia preboarding and onboarding journeys, please review the Services & Support knowledge articles.