It is not only the low skill people that are not getting paid worth a damn, but higher skilled people too....
it is an employers market right now, and if you don’t want to take a 25% pay cut, we will just hire someone else..
This has happened before ( twice in my lifetime )..
The problem these newbie managers do not see is that the pendulum always swings back the other way..
loyalty pays off in the longrun..
It has NEVER been easy to get good employees. Where does this bizarre idea that industries are entitled to them come from? Why would they think it is governments’ duty to supply them?
it is an employers market right now, and if you don’t want to take a 25% pay cut, we will just hire someone else..
This has happened before ( twice in my lifetime )..
The problem these newbie managers do not see is that the pendulum always swings back the other way..
loyalty pays off in the longrun..
Absolutely.
What happens when all of the institutional knowledge walks out the door? You can't pay money for a lot of institutional knowledge. Once it's gone, it's gone.
I took a bit of a pay cut when I left a job I'd spent 13 years in, but a reduction of stress was worth it.