What is the real cost of replacing an employee? It’s a significant investment which many companies don’t take into consideration. They figure well…if you don’t like it, there’s the door. My ex-husband loved to use the expression on me. Guess what? I left; he was devastated. What a shocker.
When a company will do everything to squeeze every dollar out of you but not pay you what you’re worth…or what it says in your contract they’re supposed to – it creates not only animosity but it breeds discontent. It prompts one to bad mouth the corporation due to disgruntlement and this can cause a considerable amount of damage.
It’s far better to work things out in a fair manner rather than: Do what I say or else…there’s the door. We know where the door is, in fact we’ve been cracking a few windows, too to let in some fresh air – looking for opportunities in other pastures. When we leave, we take our knowledge with us – even if it’s not to a competitor. We take the thousands of dollars you paid to have us trained, flying us around the world to trade shows, etc. We take the relationship we’ve painstakingly built with YOUR clients and now you have to start at square one, again with the new person.
If you fire us, that’s our problem…if we resign – it’s yours. Either way – in the long run it will cost you a hell of a lot more to replace us than it would have to meet us in the middle with a win/win agreement.