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by jaredklewis
502 days ago
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Your salary is determined by your replacement cost. Let’s say your company renegotiates their office lease and now pays half what it cost before. Are they going to give everyone a pay bump? Unlikely. Might give a bonus to whoever renegotiated the lease. They might reward shareholders by buying back some stock or paying out dividends. They might invest in future growth by hiring new people or by buying new equipment. But why would they give the money to the employees? That doesn’t reward shareholders or increase productivity; it might make everyone a little happier but that is unlikely to increase productivity enough for it to be worth it (and even if was, management doesn’t think like that). |
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