What’s fairer? That two people doing the same job receive the same pay or, if one works harder, and gets more done, the wages of the more industrious person are higher? The answers to these questions go to the heart of employee relations. Treating everyone equally does not mean equalising everyone. People have different levels
Overall, are you satisfied or dissatisfied with your current job? I’ve known new employees join a large blue-chip manufacturer and be astonished at the quality of the canteen, the freebies, the bargains in the staff shop, the stock participation schemes, the training, the employer pension contributions, the holidays, and yet also report persistent complaints from
From time to time the performance of an employee falls below the minimum standard expected. Let’s not beat about the bush. The employee has to improve or be sacked. If the manager seeks or tolerates a middle ground, then his or her performance has fallen below the minimum standard expected. The most testing thing a
The best financial advice you’ll ever get? Save more. You’re welcome. Is there a more slippery industry than savings and investment? Like estate agents, fees are based on %’s, meaning providers earn more in a rising market without having to work harder, and in a falling market they keep earning while their customers lose money.
I recently read a science fiction book written in the 1940’s. At one point in the story a spaceship arrived from another plant bringing with it, among other things, the mail. Isn’t it wonderful that a book set in the distant future has the mail arriving like a stagecoach from the 19th century? It illustrates