Re: re Tech Comm Survey - frozen salary

Subject: Re: re Tech Comm Survey - frozen salary
From: TechComm Dood <techcommdood -at- gmail -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Thu, 14 Oct 2004 09:30:40 -0400


> > IMHO, a company that freezes salaries for a whopping
> > three years and still can't tell its employees when
> > the freeze will be lifted is not worth working for.
>
> It all depends. Three years ago, I for example
> had just been downsized out of a dotcom that
> paid me the highest salary I had in my life.
> If I could have stayed at a frozen salary I'd
> consider myself lucky today.

Right. There are many reasons for frozen salary, and it could be that
freezing salaries is actually required to keep people employed and the
company going. This is where corporate loyalty comes in, and if the
salary freeze is genuine and in the best interest of the entire
company, then when business improves expect to see some rewards coming
back to you.

I worked for a few companies that froze salaries. One even sported a
CEO who took a 60% reduction in pay, and an executive staff that took
a 30% pay cut, before even thinking of layoffs. And this was a
relatively new company, so salaries were not astronomical on the
executive side.

Let's face it, business ain't always pretty. There are some companies
that are a bit devious about things like this, and there are those who
are genuine. Rather than assume it's a crappy situation that's gotta
lead to a voluntary exit, you really gotta weigh the driving forces
behind the freeze against the intentions and actions of the company
and determine what level of loyalty you have toward that company.

FWIW, the company that cut the executive salaries has since turned
around, and rumor has it (I'm not there anymore, as they eventually
did have to lay people off to keep going) everyone who held on for the
long haul received pro-rated raises and generous bonuses for holding
out for so long (3 years). I even received a bonus in the mail for the
time I did put in (what a surprise), and they have been growing in
employee numbers again, all without the executives at 100% as of yet
(though they did increase a bit, which I thought was fair).

Of course another place still has yet to lift the salary freeze,
despite going back on a growth pattern, and it's been 6 years and
counting.

You gotta weigh the situation fairly, case by case.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

ROBOHELP X5: Featuring Word 2003 support, Content Management, Multi-Author
support, PDF and XML support and much more!
TRY IT TODAY at http://www.macromedia.com/go/techwrl

WEBWORKS FINALDRAFT: New! Document review system for Word and FrameMaker
authors. Automatic browser-based drafts with unlimited reviewers. Full
online discussions -- no Web server needed! http://www.webworks.com/techwr-l

---
You are currently subscribed to techwr-l as:
archiver -at- techwr-l -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- techwr-l -dot- com
Send administrative questions to lisa -at- techwr-l -dot- com -dot- Visit
http://www.techwr-l.com/techwhirl/ for more resources and info.



References:
re Tech Comm Survey - frozen salary: From: nosnivel -at- netvision -dot- net -dot- il

Previous by Author: Re: Printed vs PDF documents
Next by Author: Re: Another question to ponder
Previous by Thread: re Tech Comm Survey - frozen salary
Next by Thread: CBT Software


What this post helpful? Share it with friends and colleagues:

Sponsored Ads


Sponsored Ads