5 Signs That You Aren’t Paying Your Employees Enough

I was reading an article recently, it was one of those “Best Places To Work” type of articles.

Since I run a company, I’m always looking out for good ideas on how to take care of your employees without spending a dime. Unfortunately, “Best Places” companies that make these lists usually don’t give you these type 0f ideas!

What you get from “Best Places” articles are all the over the top crap – gourmet cat food for your in-cube pet-mate, free liposuction for your spouse, and discounted tattoo eyeliner coupons.

I would love for my company to be on the top of every single “Best Places” to work article, but we probably won’t. I care too much about my employees to make that happen.

Getting on a best places list? You gotta apply!

What?!?

Yes, you read that right – my greatest weakness is I care too much!

It costs an organization a ton of money to make a “Best Places” list – not in actually applying to make the list (Oh yeah, they are chosen randomly — you have to apply – because the Top 100 Greatest Places to Work isn’t really the Top 100 Greatest Places to Work. No, it is the top companies that applied for the award for the Greatest Places to Work), but in doing all the silly crap they do, they sound like a great place to work.

Many of the best places to work will never be on a list, because they are spending their time, money and effort on their employees!

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5 signs you aren’t getting paid enough

Here are some things that “Best Places to Work” companies and “You Not Getting Paid Enough” have in common:

  1. If your company provides unlimited gourmet free breakfast, lunch and dinner  – you’re not getting paid enough. Cut that crap out and pay me $10K more per year;  I’ll bring in my own Greek yogurt and granola.
  2. If your company pays to have your laundry done and your house cleaned, you’re not getting paid enough.
  3. If your company is taking you on luxury vacations and dinners that cost more than your monthly home mortgage, you’re not getting paid enough.
  4. If your company spends more on marketing themselves as a great place to work than on your employee development, you’re not getting paid enough.
  5. If your CEO flies to work on a daily or weekly basis, you’re not getting paid enough.

So, how do I show my employees that I care and that we have a great place to work?

How to REALLY have a great place to work

I don’t waste money on things that ultimately become a negative when I need to take them away because we aren’t making the money for our shareholders. All great places to work, eventually, become average or crappy places to work because sustaining luxury programs that you put in place when you were doing well become negatives to engagement when you have to tighten your boot straps.

Pay your people fairly. Meet their needs as adults. Treat them professionally and with respect. That’s what makes a great place to work.

This was originally published on Tim Sackett’s blog, The Tim Sackett Project.

Tim Sackett, MS, SPHR is executive vice president of HRU Technical Resources, a contingent staffing firm in Lansing, MI. Tim has 20 years of HR and talent background split evenly between corporate HR gigs among the Fortune 500 and the HR vendor community ? so he gets it from both sides of the desk. A frequent contributor to the talent blog Fistful of Talent, Tim also speaks at many HR conferences and events. Contact him here.

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