Stem grads are at a loss?

[ddn3f]

Re: Stem grads are at a loss?

Pay cuts across the board hurts moral for everyone. But moving a whole division gives workers a choice. They get to feel in control of their situation, either to move and take the new job or basically quit. By giving the workers a choice to quit and having a lot of them quit on their own instead of moving saves a lot of headaches. I would say that is a better way to reduce employee costs than pay cuts or layoffs. It keeps moral high.

I would agree that it works that way sometimes. But if the underlying reason is that the company wants to get rid of older workers (or reduce their pay) why is their not an orderly way to do that? I have heard of pay cuts being used!

[Polish_Silver]

Re: Stem grads are at a loss?

I think pay cuts hurt morale if they are perceived as unfair. Moving a department doesn't do much for morale, since the "choices" available aren't very satisfactory to many. I think management finds itself in various circumstances and needs various options. But I think "pay cut" could be used more often than it is. Moving has a lot of intrinsic costs, so you start from behind anyway.