Are you wondering how a workplace tried to address staffing issues with a 30 cent raise and a $50 raffle, only to lose almost all of their veteran employees? Learn how their strategy backfired and why they are now facing the challenge of starting from scratch. #workplaceissues #staffingproblems #employeeengagement #companyculture #employeeappreciation.
More money for less experience – sheer managerial genius. Extra stock options are in order.
I see it all the time, they don’t want to retain their best and most dedicated employees over the minor impact of wage increases on profit. The deal is they keep raising prices and making MORE money by screwing employees. It’s just never enough profit until they screw themselves by losing customers.
And SO MANY businesses think this way!!
The quintessential example of someone who cobbled together enough money to buy their own business — but without actually knowing how to run one.
And they’re perfectly willing to spend a dollar to save a dime.
..at least you are out OP, –no longer your problem, you can merely smile to yourself, shake your head (and share here) 😁
You can give your employee a raise or pay 4-5x times that to hire a new worker and train them. Your move Billionaires.
My favorite is the fewer positions, no raise for more work, then when everyone quits, why does no one want to work anymore? Um because im not doing the work of three people for one paycheck. You gave me a payless not a payraise.
The company fucked around with the raises. And then they found out that if you want to keep your knowledgeable veteran employees. You will want to pay them well. Or else they will leave the company and the company will be paying more for new employees who don’t know nearly as much.
This is the only way to get managers with pay rate powers to improve wages. So many places I worked at had people complaining about the wages but never left so nothing ever changes.
I’d bet dollars to donuts that someone in management still gets a bonus
this is currently happening at my soon to be ex workplace. funny, they always seem to think it’s not worth listening to complaints or rolling out raises/solutions until AFTER people have left in droves…
So without Ur union u could t strike. So U just quit which in effect is a strike anyway but even worse for them
They never try reducing salaries for senior staff and reducing dividends for shareholders to pay the workers a decent rate.
The lesson management will learn from this is that pay increases don’t improve productivity. But the lack of productivity will be from the fact they drove away all the productive workers before being forced to pay more but that will not be what “the statistics” will show.
This by any chance in the medical field
My work just loss approximately 50% of a small office in 4 weeks. Management could care less. Apparently, this is the new psycho normal. Whatever——I guess?
My workplace is similar, unfortunately I’m still there.
They offer free popcorn and coffee. They also complain that they can’t maintain good workers when most of us want to leave.