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Give me salary increase!

without comments

It is a new year and many employees will ask for their salary increase. It was a good story for previous years to select several employees and giving them a nice salary increase in the beginning of the challenging year. Year 2010 will be extremely challenging and the employees can expect no salary increase, they can be lucky to receive some job from their manager.

The employees will have to continue in being patient and not expecting too much from their manager. The employees will have to live on the same personal budget as they did manage to live in 2009. The money is not that bad. They will survive.

The economy and we enjoyed several year of the unhealthy growths and we made a lot of debts. We are called to pay back those debts and the organizations have to focus on two main initiatives:

  • Cutting the debts
  • Innovate the product lines

The manager will have to motivate the employees to focus on the main two initiatives of the organization without giving any financial motivation (except the base salary). The manager will not be Santa Claus coming at the end of the month giving the extra money to employees.

The bad role of the manager will continue through 2010.

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Written by Luke

January 1st, 2010 at 3:12 pm

Posted in Compensation

Tagged with Compensation, salary

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