Salary Spin
Nicholas Leippe
nick at leippe.com
Thu Aug 16 14:57:52 MDT 2007
On Thursday 16 August 2007, Hill, Greg wrote:
> I guess the idea is that once you're at the ceiling, you'll keep getting
> the same salary for a long time and feel stagnant. I'd rather be
> stagnant at a good salary than continually getting raises to be almost
> where I should be. Plus, if you're underpaid, there's a better chance
> that a competitor will whisk you away because they can afford to give
> you a big raise. In that regard, I would think that it benefits both
> the employee and employer to pay people what they're worth.
Not to mention that working where you know you're underpaid can be very
demotivating--thus hurting productivity and moral, which can be contagious.
Happy/satisfied employees work better.
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