I think when someone in your department quits, and you have to assume their duties, you should get a raise! But it doesn't seem to work like that. Why not?
We've had four vice presidents leave our company in the past week (yea, trouble here, long story). I'm sure they were all making six figures easy!
I think it would go really well to motivate the remaining employees to give everyone a 10% raise across the board, taken from the resigned employees salary that was budgeted!
Sounds like a good idea to me, we're all having to work all the more harder now, but sadly it never seems to work like this.
Why not?
2007-02-12 01:09:40 · 5 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
I am not sure about your company's situation, but at my previous employer, we had a lot of people leave (or asked to leave) in a span of abot 3 months. There were mainly due to financial woes of the company. Since they were trying to stay out of bankruptcy, it was unlikely that they would give the employees more money for doing the added work.
When companies experience financial problems, their priority is not always what is fair to the affected employees, but rather they are more concerned with either their job, their department or the company as a whole.
Pretty much, you have to look at it from a senior management perspective. They are more concerned with how profitible a department is.
Above all, the main reason could simply be that they know most people will not quit because of the added work, so why not do it?
I don't really agree with it, but this seems to be the way it works to me.
2007-02-12 01:23:51 · answer #1 · answered by Marcus S 3 · 2⤊ 0⤋
Most of the time, when people leave, Senior Management views this as an opportunity to save payroll. In all fairness, think about it - we have a system, where everybody expects / demands that the price for their services will go up every year and this is true even for the average and sub-par employees. Also, compensation is a long-term expenditure that builds on itself. Most raises are a percentage of current compensation. When is the last time you heard about somebody having their salary cut who actually stayed in that job for any length of time after that?
I think you raise a valid point. But when "the norm" is increasing salary costs, people responsible for controlling costs will view this as an opportunity to do so, no doubt.
2007-02-12 09:21:14 · answer #2 · answered by lmnop 6 · 0⤊ 0⤋
Sadly, most companies are not looking out for the "company" but rather their own best interest... the issue with money is when the next VP comes in the money wont be there so it may not be wise but if no one fills the vacancy then maybe a great big end of year gift....So being in the same boat yeah, it isn't fair... I've discussed my problems with my boss and he eventually gave me a raise but it took a major walk off and dumped the load on his desk.
Good Luck
2007-02-12 09:20:35 · answer #3 · answered by De 5 · 0⤊ 0⤋
Yeah...it definitely does NOT work like that. First of all, that position will have to be filled...which means they've got to spend the money to market the position, then once the person is hired, they will probably need additional training or whatever else. What I have discovered, however, is when leaving a job where they really don't want to let you go, they will throw all kinds of money at you to get you to stay!
2007-02-12 09:18:08 · answer #4 · answered by Sunidaze 7 · 1⤊ 0⤋
Where I work they don't give raises for no reason. You have to earn a raise
2007-02-12 09:19:10 · answer #5 · answered by Anonymous · 1⤊ 0⤋