Salary Negotiations 2010
The salary negotiations were so easy. The employees expected to get a high salary increase, the Finance guys projected large salary increase in the budget projection and the Board of Directors agreed to pay a price for the success. It changed last year. We have to be cutting our costs, Guys. The message was pretty simple, but the solution was painful.
The salary negotiations for 2010 will not be easy. The employees expect to get at least some salary increase. The Finance guys expect to continue a nice trend of the cost cutting. All the players remain the same.
The employees believe they invested a lot into the future of the organization. They worked hard. They received no bonuses for 2008 and 2009. They did not receive any salary increase in 2009. The newspapers are optimistic about the future of the economy. They want to be recognized and they want to receive some salary increase in 2010. It is a starting point for the discussion about the salary increase in 2010.
The Finance guys believe the economy will not get better in 2010. They believe the recession is not over and the organization will have to cut the jobs and costs to keep competitive on the market. The Finance guys are usually right, when it comes to the decision of the top management.
The HR Management has to find the right compromise for the salary negotiations 2010. The employees have to be kept conservative about the idea of increasing the salaries quickly. They have to expect the salaries will be kept flat, but they should not be lowered.
The employees can be right and the economy can improve. But there is a competition running for the winner in the industry and the organization wants to be a successful participant. The organization has a chance to buy its its less lucky competitors.
The HR Management has to be careful in the salary negotiations 2010, as the job market is still full of people willing to be employed (at any price). The job market can change dramatically in 2010 again and the expectation of the high salary increase is completely wrong.
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