The other day I had a conversation with a CEO who is also a friend. He was telling me that employees in his organization were very happy with what they were being paid. I asked him, “How do you know that?” His answer surprised me. He said none of them had come to him or their managers to complain.
I told him that employees rarely complain. I offered him a dipstick employee engagement survey, and he is still recovering from the results. Employees indicated that salaries were being set arbitrarily with no justifiable reason why people in the same roles would earn up to five times more than others in similar roles. They also said they had raised these issues before but were told to leave if they were not happy. That may be true, but that is not how you respond to employees’ concerns.
The hard truth about employee pay is that there are core principles you must adhere to in order to win. The first is internal equity. Employees must be paid fairly at their job level, and that only comes through job evaluation. The second is external equity, which comes from comparing what you pay with the market. These two principles must come together in a pay structure that sets out each grade, with minimum, midpoint, and maximum salary.
This is how you build a transparent and defensible pay system,one that depends less on individual managers and more on a logically developed, well-sequenced policy.
@ipcconsultants
🔸Good day @TembaMliswa,
Do you recall your tweet of 21 July 2018 where you said that one of the reasons for Mugabe’s impeachment was his “failure to effectively deal with the @wicknellchivayo matter”? Do you remember questioning why he was being “given more”? My question to you is - do you still believe that the failure to effectively deal with @wicknellchivayo can lead to a supposed president being impeached?
We need new leaders.🇿🇼