FlyerTalk Forums - View Single Post - Another BA U-turn: NO unlimited free travel for NEDs
Old Feb 1, 2007 | 5:54 am
  #11  
Swiss Tony
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Originally Posted by B-HQC
I cannot believe there are so many people out there, especially in Western Europe in particular, that believe they should be paid more and more every year (raises above inflation rates) for doing the same exact job of little retention value to the company in question.
I'm not sure of your credentials but this seems like you don't understand some very very basic points about the HR/HCM function. Retention is a massive issue for companies. Failure to retain staff means you have to recruit them then train them up, whilst you've also got the opportunity cost of not having that vacancy filled at any single time. This is a massive expense and as I understand it can often cost well in excess of an individual's annual salary. It may not be perfect, but because of these massive costs you immediately have an inefficient market.
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