Re:By The Time You Give Them a Raise, They’re Already Out Th...
by tn13 on Thursday February 20, 2014 @05:15PM
(#7274053)
Let us assume job security = Z
For any positive value of Z, there will always be another employer willing to hire me where Job Security = Z1. Z1<Z. Thus in a good market the value will tend to zero.
You are mistaken to think that Company's profits is a the sum of value added by each of the employees. I would say company's real profit should be the additional value generated because of synergy between the teams. For example few ordinary individuals can deliver extra ordinary results as a team.
For any positive value of Z, there will always be another employer willing to hire me where Job Security = Z1. Z1<Z. Thus in a good market the value will tend to zero.
You are mistaken to think that Company's profits is a the sum of value added by each of the employees. I would say company's real profit should be the additional value generated because of synergy between the teams. For example few ordinary individuals can deliver extra ordinary results as a team.