Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

Re:Employees Who Stay in Companies Longer Than Two Years Get... by michaelt on Monday July 17, 2017 @06:26AM (#14787123)

  if your company has to make cutbacks [...] you're name's
  likely to get further up the redundancy list than you'd
  probably like.

If the company's going down the pan, what does it matter if I'm made redundant in the first tranche or the last?

I'm going to need a new job anyway, just in the latter case I've put in a few extra months where there was no money to give me a raise no matter how well I performed.

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by lostboys67 on Monday July 17, 2017 @06:33AM (#14787158)

First batch might get better terms than waiting till the company goes bust owing you pay

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by gvb on Monday July 17, 2017 @08:15AM (#14787768)

Even if the company doesn't go bust, the severance pay gets stingier and stingier on every round of reductions.

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by softawre on Monday July 17, 2017 @02:18PM (#14791026)

Are you making the argument for being a shitty employee allaround?

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by lr4444lr on Monday July 17, 2017 @07:40AM (#14787560)

I hear you, but the lost wages when the change comes too suddenly can be worse for a lot of people. Being among the later to be let go gives you some time to prepare.

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by conanbatt on Monday July 17, 2017 @09:36AM (#14788337)

What I would add is that as well as there is an "internal knowledge fee" there is also a "good employee/risk fee".

An employee ready to jump ship quicker than his peers means that his value is reduced to the organization, precisely because the long term value of the "internal knowledge fee" is reduced!

I agree with the OP's tactical move, but strategically I'm not so sure the mindset is the correct one. Maybe I was lucky, but I always had managers that stuck their necks for me. Full-time employment is not a consulting job that is fire & forget.

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by lovich on Monday July 17, 2017 @03:54PM (#14791818)

If it wasn't the right mindset, then why are the numbers showing that employees who stay at jobs more than 2 years earn less?

[ Parent | on HN ]

Re:Employees Who Stay in Companies Longer Than Two Years Get... by conanbatt on Wednesday July 19, 2017 @12:33AM (#14801999)

I didnt look at the source of the data, nor I am an expert in the field, but I can see many reasons what that can be ill-portrayed.

There could be a selection bias: does it show how many people switched to a job that turned out to be worse (pay/benefits/quality of work), or people that got fired because they had a much lower tenure than other employees, etc, or the cost of retraining personally for a different position.

[ Parent | on HN ]