Companies that refuse to pay their employees not only lose their valuable talent but also damage their reputation.
In today’s fast-paced and cut-throat world of business, companies are often faced with tough decisions. But what happens when a company refuses to pay an employee what they’re worth? Businesses often face hard times but that doesn’t mean that they start paying less salaries to their valued employees. Employees are people and they have homes to run and so they need money. Why would someone work for lesser money when there are companies that can pay them double their old salaries?
A Reddit user shared with the Reddit community that he gave six years to a company and had different responsibilities that he fulfilled with commitment and passion. He delivered his projects on time and his projects gained better projects just because of his professionalism and on-time deliveries. After some of the successful projects, OP asked for a raise that the company promised him but they refused to give him a raise, instead, they told him that it is a great learning experience for him. OP was angry and he decided to leave. He got a better job with a better salary and immediately resigned which cost the company a $3M loss. Scroll down for the complete story.
OP is a young project manager and he was raised to believe that if you work hard, you will be successful.
OP was given a small project and the board of directors for the HOA told him that they liked his work ethic, professionalism and ability to complete projects on time.
OP went to the owners and asked for a raise that they promise him but they ignored OP’s request by saying that the experience he is getting is more valuable.
So, what’s the lesson here? Well, it’s pretty simple. If you want to succeed in business, you need to treat your employees with respect and pay them what they’re worth. Because if you don’t, you could end up like this company, gambling away millions of dollars and ultimately failing.