There comes a point in every employee’s life when he is sitting across from his boss for a quick review of the past year, a discussion of future expectations and, of course, the annual raise. It is the annual review and it is as much of a tradition as the Christmas party and the special and most coveted Employee-of-the-Month parking spot. That is what we in the private sector get. What do our congressional representatives (you know, OUR employees) get? They get elections. They also get to give themselves raises.
When the Employees Call the Shots
Imagine your employees having a meeting and then informing you that they will be taking a raise. You might get a little dog-and-pony show to justify it, but the bottom line would be that they want more money. More than that, they have put in place a mechanism to automatically give them more whether you think they deserve it or not. You company makes money, they get raises. Your company loses money, they get the same raises... [Read Full Article]