Benchmarking the Private sector against the Public sector. Its happening soon

321654

With the Public sector expected to take a battering in the next while do people think that the private sector top brass are just watching to see what they can get away with now regarding paycuts to the private sector.

Just from my experience and several others i know in similar positions to myself in different companies i can see problems ahead for the private sector.

We've been in discussions with higher management about setting the expectations of our staff.

Basically ive been told that my staff will be getting at least the same cut as whatever the public sector get.

Add to this that they will get no bonuses this year (usually about 7 - 10% of their salaries) and they will be worse off.

Reverse benchmarking - Coming soon to a company near you.

ixoy

A lot of private sector companies never participated in the bench-marking process though and suffered the vagaries of the market - in the good times, the wages went up and now they're going down (or job cuts, etc).

Surely though the whole thing is quite simple: Can you afford to pay increases? In the case of the CS/PS, their employer (the government) cannot and changes need to be made, just as others in the private sector have to.

Time Magazine

Not an Economics topic.

Moved to Work/Jobs.

AARRRGH

321654 wrote: »

the private sector top brass are just watching to see what they can get away with now regarding paycuts to the private sector.

I think most private employers won't be trying to "get away with" anything. Most pay cuts and pay freezes can be easily justified. If anything, I think employers are being nice by not making more people redundant.

People need to realise how difficult it is for businesses at the moment.

321654

AARRRGH wrote: »

I think most private employers won't be trying to "get away with" anything. Most pay cuts and pay freezes can be easily justified. If anything, I think employers are being nice by not making more people redundant.

People need to realise how difficult it is for businesses at the moment.

TBH you would think that that is th way it should be. But my company is one of those which actually does very well out of recessionary times and yet they are just itching to jump on the pay cut bandwagon.

kiwikid

i have already heard of a company which has introduced a 10% salary cut and ban on paid overtime (overtime is still required to get the work done). The work rate in this industry has not changed but the sneaky boss is making changes now on foot of the "cuts in the media".

Johnny Bitte

kiwikid wrote: »

(overtime is still required to get the work done).

This was the enviroment in my place to but we all decided when you had done yours hours you would get up and leave.

The projects began piling up so now they actually give realistic timeframes and deadlines and manage the projects properly rather than relying on us to give our free time.

nesf

The_Goose135 wrote: »

This was the enviroment in my place to but we all decided when you had done yours hours you would get up and leave.

The projects began piling up so now they actually give realistic timeframes and deadlines and manage the projects properly rather than relying on us to give our free time.

That only works fine so long as everyone does it. Risky unless you've a fairly tight and organised workplace.

AARRRGH

kiwikid wrote: »

i have already heard of a company which has introduced a 10% salary cut and ban on paid overtime (overtime is still required to get the work done). The work rate in this industry has not changed but the sneaky boss is making changes now on foot of the "cuts in the media".

They're not being sneaky. I used to be a financial controller so I know how this stuff works.

You have to plan ahead to make sure you will have enough money in 6, 9, 12 months. The employer is obviously expecting a drop in sales over the next few months, so he is protecting the company by taking action now.

It is the smart thing to do as it will ensure the company has a greater chance of surviving.

321654

The_Goose135 wrote: »

This was the enviroment in my place to but we all decided when you had done yours hours you would get up and leave.

The projects began piling up so now they actually give realistic timeframes and deadlines and manage the projects properly rather than relying on us to give our free time.

Same happened in my place. One section (not my section) need overtime to get the job done. There is no other way to do it. Paid Overtime ban happened, but not an overtime ban. People worked their normal hours and left.

Management are now reconsidering the situation. They will have to either pay them to work overtime or hire other people in too as there are not enough people to do the work.

abakan

would this not be a case of spitting the dummy of of the cot.

They used to get overtime and now there not.

If they worked harder during the day to get work done and thus not doing extra work in the evening?? alot of people would neglict the 10fag breaks, 2tea breaks and lunch break and work if it meant that they would get out on time

321654

abakan wrote: »

would this not be a case of spitting the dummy of of the cot.

They used to get overtime and now there not.

If they worked harder during the day to get work done and thus not doing extra work in the evening?? alot of people would neglict the 10fag breaks, 2tea breaks and lunch break and work if it meant that they would get out on time

Some jobs require specific work done at specific times of the day which cannot be compressed into a normal working day.

Also sometimes there are not enough staff to do the jobs that need to be done in the normal working day.

Bulmers

well if my company decide to equalise my pay with public sector, i will expect the same

1) handy job, sit around doing nothing really and sit in my pigeon hole and do the same reptitive job every day

2) benchmarking of my benefits to equivalent in public sector..

MysticalSoul

I am in the private sector, and as of this month 10% pay cut has been introducted across the board. The bosses are taking a cut, and to keep the company afloat, they have alread had to invest some of their own savings into the company. It is not ideal, but is a lot better than being out of a job IMHO. I am now on a lower salary than I was 4 years ago, as increments aren't really done in the company I am in, unless you ask for it specifically :rolleyes:

Darby OGill

Yes Bulmers, that's EXACTLY how it works. :rolleyes: