Appropriate Compensation in Today’s Job Market
By Tom Cline, Violand Management Associates
Originally published March 13, 2019
Too many business leaders have been misled by the “accounting mentality” and think paying their people too much (whatever that means) results in uncompetitively high costs. Seriously? Stop for a minute and think about the mindset this creates, one that treats inventory and equipment as assets and people as costs. How warped is that? Every serious business owner knows that just the opposite is true;―people are your greatest asset, and inventory items like materials and equipment are cash drains that can be silent killers when money is tight...
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