Something for Nothing
August 31st, 2016 Posted by Rabbi Daniel Lapin Thought Tools 2 commentsHere is one way to give your employee a raise: “You’ve been with us for a year now, Enid; that means that you are due for your first raise. Congratulations, your pay is going up 5%.”
There’s another way to do it. “During the year you’ve been with us, Enid, you’ve really made a difference. I asked our accountant to calculate how much extra revenue your innovations brought to the company and the answer was very impressive. The way you came up with improvements in operations and how you then implemented those ideas has been incredibly effective. We’re happy to raise your pay 5%, you really deserve it.”