FWD: Problems with Hiring, Equity

Subject: FWD: Problems with Hiring, Equity
From: "Eric J. Ray" <ejray -at- RAYCOMM -dot- COM>
Date: Tue, 3 Feb 1998 10:39:58 -0700

Name withheld upon request. Please reply on list.


Company was about to advertise for new writer and the manager knew someone
at another company (3 years experience) who would be interested. Said
person duly sent in CV. Existing experienced writer (10+ years) had doubts
as the CV had several typos and grammatical errors. Despite these
reservations it was decided by management to interview. Interview went
well (technically proficient candidate) but the existing writer still had
doubts. Candidate got the job.

The existing writer then found out that the newbie was on a higher salary.
He raised this with his manager and MD and was semi-placated - newbie
wasn't legible for company benefits, pension, Profit Related Pay (PRP)
Scheme etc. He was told that it would all be sorted out in the next round
of pay negotiations. These are now due and no mention has been made yet by
either party.

He is currently waiting to see what happens - he cannot really leave until
the current PRP scheme matures (worth quite a bit of money as the company
has been doing well for the last few years). He is loath to complain about
the newbie (sour grapes re salary?) and he IS getting better - technically
good but still making some basic writing/grammar mistakes.

His current intentions are to wait until the review and, if the situation
isn't resolved to his satisfaction, start looking around for a new job as
soon as PRP is paid. Comments, suggestions welcome.

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