The financial crisis and associated financial difficulties of the company can lead to a reduction in salaries. Someone willing to take this reduction, while others do not and leave. In any case, this is a unique opportunity for job seekers, career growth or a good beginning for candidates with absolutely no experience.When comes the difficult economic times – the company, along with other expenses, start revising PAYROLL – the payroll Fund is to reduce it. Management companies can understand, because reducing costs to stabilize income and thereby to keep the company afloat (much worse for all staff, if the company will cease to exist – so you can lose not 5-10%, but in General the entire income).
so, FOT the revised reserves and reduce costs found. What does this mean for employees?
of Course it is very unlikely that this cost reduction will relate to salary, these sums are clearly stated in all documents, and the change in the smaller side when you save the volume of work not subject. But to raise the variable component of an employee’s wages this economy can. Bonus system prescribed in the internal regulations of each company, and they can change. Of course, employees are introduced to the changes, but not receive them – then leave the company. Not everyone is ready for such drastic measures.
it Should be noted that the company is also interested not to lose their employees, as employees of the employer, therefore, reducing financial incentives, a good employer, always propose a moral compensation – this may be the opportunity to purchase the company’s product with a higher discount or to develop a new project, a positive result which can increase Your competencies or position. In any case, the company must strive not to lose the loyalty of the employee.
For people who are in search of work at the present time, the reduction of personnel costs in companies may also play into the hands. Consider an example, Company Helion, one of the leading companies in the technical market, had stringent admission criteria employees in times of financial prosperity: 1 p. – complete full-time higher technical education; p. 2 – experience in posts not less than 3 years; 3 p. technical literacy in a particular direction. After the change of the exchange rate and increase in times of components, the Company had to cut costs to maintain financial results in more or less similar level compared to previous periods. Left the company a number of employees with high qualifications. The company, in terms of reduced wage Fund is ready to reduce the requirements for applicants to fill the freed-up posts. Consequently, the ability to work in the Company-the leader appears in candidates who have 3 years of experience and 1.5 to 2, or from candidates who possess technical competence, but, due to various circumstances, had a part-time student of the technical faculty of the University. Goes, for the person who is in search of work reducing company costs is a plus, not a minus.
For companies, the reduction of personnel costs is also unpleasant consequences – the company risks losing competent employees, and less money to take less qualified staff. This situation can lead to loss of market share, because the staff level is important for this indicator.
In any case the stress situation of the economy, which leads to the reduction of personnel costs is the opportunity to unite and show maximum results with minimal costs to both companies and citizens. That was the time when you can show your strength and boost your status as a professional!
Altarea Eugene
Recruitment company AVICONN
The recruitment consultant.