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John Wilcox is senior editor of 15 HR Specialist newsletters covering employment law, compensation and benefits, as well as theHRSpecialist.com. A journalist who has covered HR, training, organization development and business management for more than 15 years, John keeps his finger on the pulse of what’s working in HR through daily contact with some of the nation’s top HR pros, business people and employment law attorneys.
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said this on 24 Mar 2009 3:49:09 PM EST
Did not get the responses on this article. Should I be looking somewhere else?
Susan |
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said this on 25 Mar 2009 12:09:07 AM EST
If the employee has a guaranteed bonus in his employment contract, then, unfortunately, you are obligated to pay it. If however, he is not guaranteed a bonus, then there is no reason to give him one. If this is the case, then tell him to turn on the news and see what's going on in our country before he demands something the company is unable to provide. If he persists with his demands, I would suggest he seek employment elsewhere.
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said this on 25 Mar 2009 12:20:16 AM EST
You have to ask the question "What is this persons value to the company" If you are talking about someone in business development who is bringing in 50% of your business you have to ask yourself can you survive without him. On the other hand if you feel you can survive without him you have to stand your ground and pay no more than you are contractually obligated to. In todays business environment most employees do not have the same options they did a couple of years ago and to make demands like this are unacceptable. As for his girlfriend negotiating his compensation package, absolutely not. He is the employee not her. My guess is he is using her to be the bad guy or gal in this case. Allowing her into the mix only empowers him to ask for more. Always remember, you are running the company not him and if he does leave you will be able to find 100 others who want his job.
Best of luck |
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said this on 01 Apr 2009 8:48:44 AM EST
Pay him no more than contractually required (as long as you don't recieve a bailout
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