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If the newbie got their salary tripled while you got squat after being there 5 years you'd be miffed too.
All those years of work you put in and the newbie walks through the door making the same as you.
Like a slap in the face.
Did that really happen exactly like that? Someone started 5 years ago and tripled their salary then a new person came in and made the same salary without the first getting a raise? I've seen people throw a fit if their coworkers gets any raise even if they get the same raise.
how about we wait for a year when the new clients added start to have an effect on the companies bottom line? big changes like this one are always fraught with problems, but they have a tendency to work themselves out. will they this time? i dont know, the lawsuit is a big wrench in the machinery.
Did that really happen exactly like that? Someone started 5 years ago and tripled their salary then a new person came in and made the same salary without the first getting a raise? I've seen people throw a fit if their coworkers gets any raise even if they get the same raise.
No, it was actually double the pay for new hires while long time employees saw nothing.
Right there in the article.
He should have adjusted everyone's salary, not just the newbies.
then the issue solves itself doesnt it? it also shows that the liberal idea of making everyone equal doesnt work as well as they would like it to.
on the other hand, he may pull a rabbit out of the hat, stay in business, and the liberals will then get the idea that every company should do the same thing, and that everyone should make $70k per year.
Or you could be a big boy/girl and do better for yourself regardless of what happens with others.
Sometimes "doing better for yourself" means leaving your company and going to a competitor. It sounds like that happened here.
I don't know what if any, business "secrets" there are in a credit card company, but if your top people start leaving, due solely to your own bad business decision, you have to figure they are taking whatever specialized knowledge they acquired with them. Is any of the "Trade Secrets", and thus protected? Maybe, maybe not, but the part that isn't, means YOU have lost and YOUR COMPETITOR has gained.
I'm certainly not a liberal but it sounds like a lot of jealousy. The mentality of a lot of people is they would turn down a raise if it meant their coworkers got one too. They're not as concerned about what they're getting as they are what others are. Crabs in a barrel.
The reality is the hard working well trained and long term employees resent making the same or nearly the same as new or those less experienced or even less hard working. Really not that hard to figure out.
At least he put his money up for a "cause" he believed in. I give him credit for that.
Ideology was ok but execution was horrible. He should of gave moderate raises to all and larger raises to his best and brightest employees, you know the ones that kept the company profitable.
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