31st October 2006, 02:48 PM
As pointed out by several other posters, the size of the unit should not prevent it from being able to pay BAJR/IFA minimum salaries - which are low enough in themselves.
That being so, you have to ask why the company 'can't afford' to pay the mimimum salaries. There are three main possibilities that I can think of:
1. The unit is badly managed and can find no other way to keep its costs down to a competitive level.
2. The unit management has made a conscious decision to use low pay as a way to under-cut its competitors.
3. The unit management has made a conscious decision about the profit level it wants to achieve and has chosen this method to achieve it.
None of these get any sympathy from me, and if any of them are true then the continuation of this situation simply helps to hold wage levels down across the industry. Improved management and attitudes should enable this unit to phase-in higher wages over a period of time. If they can't or won't achieve that, then I wouldn't cry if they did go to the wall.
1man1desk
to let, fully furnished
That being so, you have to ask why the company 'can't afford' to pay the mimimum salaries. There are three main possibilities that I can think of:
1. The unit is badly managed and can find no other way to keep its costs down to a competitive level.
2. The unit management has made a conscious decision to use low pay as a way to under-cut its competitors.
3. The unit management has made a conscious decision about the profit level it wants to achieve and has chosen this method to achieve it.
None of these get any sympathy from me, and if any of them are true then the continuation of this situation simply helps to hold wage levels down across the industry. Improved management and attitudes should enable this unit to phase-in higher wages over a period of time. If they can't or won't achieve that, then I wouldn't cry if they did go to the wall.
1man1desk
to let, fully furnished