My friend's company merged with another in the same industry two years ago.
His rank is like Captain within the department but the Lieutenants in the departments are from the other company. They are paid more than him, because of they had a different pay structure. With the recession coming, he feels that his job is secured because it makes sense for his company to retrench lower ranked, who are getting a higher pay.
It set me thinking... ...is it that simple? The must be several considerations. If I am the boss, sacking a lieutenant will not make anyone happy because other lieutenants or captain has to cover the workload. But if I sack the captain, I can give a promotion to a lieutenant with a minor pay increment which makes someone very satisfied with rank and pay increment, plus overall cost-savings for the company.
Not cursing my friend of course, but just thinking out of the box.
What will you do if you are the boss?
His rank is like Captain within the department but the Lieutenants in the departments are from the other company. They are paid more than him, because of they had a different pay structure. With the recession coming, he feels that his job is secured because it makes sense for his company to retrench lower ranked, who are getting a higher pay.
It set me thinking... ...is it that simple? The must be several considerations. If I am the boss, sacking a lieutenant will not make anyone happy because other lieutenants or captain has to cover the workload. But if I sack the captain, I can give a promotion to a lieutenant with a minor pay increment which makes someone very satisfied with rank and pay increment, plus overall cost-savings for the company.
Not cursing my friend of course, but just thinking out of the box.
What will you do if you are the boss?