Tough management requires that leaders take the time to check
if those who have taken on additional work over the past few years
are being fairly compensated for that work, which is not always the
case. “In the quest for continual improvement and increased productivity, much of the human center has been removed from busness,” says a senior executive at a large company. “Our energies are
devoted to an ever-increasing set of demands while we fail to nurture the most basic strategic advantage of any company, our
employees. It is time to return to leadership rather than reactive
management.”
The impact on businesses of not keeping compensation in line
with workload can be felt on a company’s biggest asset, its employees. “It has become an all-too-familiar trend: take on more work,
have your pay cut by a percentage in order to keep the company
in business and have a job,” says one manager at a small company