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I communicated poorly. Paying your employees more and giving them a discount is harmless. Lots of employees receive a discount. I meant you run into problems w
by tanker 11y ago
I communicated poorly. Paying your employees more and giving them a discount is harmless. Lots of employees receive a discount.
I meant you run into problems when you end up effectively paying them less and justifying via a larger discount.
Management could end up doing this gradually as times get tough. For example, a company announces lay offs and pay cuts, but softens the blow with a larger discount.
I guess I'm recommending caution. I would avoid making a discount a major part of employee compensation. A worker deciding to apply for jobs at Walmart and Costco could end up weighing a better health plan against a higher discount on basic goods. That seems problematic to me.
- SpaceCadetJones 11y agoThanks for clarifying, this makes a lot of sense.