Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires — 20 years ago, salaries were largely the same between new and longtime employees.
Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires — 20 years ago, salaries were largely the same between new and longtime employees.
And yet businesses try to convince you that you’re part of the family and we’re all in this together. Work your ass off by coming in early and staying late all year? Good job here’s a 2% raise. Nevermind that is lower than inflation and the extra work and meager raise actually lowers your hourly equivalent if you’re salaried.
If businesses really want everyone to go above and beyond they need to pay people in equity. Why else would anyone give a shit about the long term success of a business? They certainly have no loyalty to their employees.