We all work to live, but few live to work. Unfair pay practices cripple the bottom line. Most business organizations view limiting and controlling wages as a way to increase the company’s profits. However, while limiting the compensation does increase the company’s bottom line, it has an adverse effect on the company’s production rate. By paying wages below the industry standard a company ends up paying more in the long run due to a demotivated labor force, employee turn over, and a diluted hiring pool.

If a company spends most of its revenue on labor, wouldn’t the company want staff to be productive? Of course the answer is a resounding YES! However, a demotivated employee is going to do the bare minimum to receive a paycheck. A demotivated employee does not care about the business because they feel the business does not care about them.

As a company, There are many ways to invest in employees;  however, a company cannot begin to explore those options if fair wages are not being paid for the work being performed. An employee that feels trapped will become demotivated and disengaged and will resist change.

Anyone in the business community  agree that a major challenge is employee recruitment and retention. Once an employee has been hired, a company spends a great deal of capital on the training and development of that new staff member.Company management be aware that every employee is more than an hourly wages. When looking at company’s profitability matrix is essential.Each employee comes to the company table with years of experiences, training, and most important customer rapport.

A company is incapable of recruiting new employees if the company’s reputation has been tarnished within their local community. When a company is known for unfair pay practices and a negative culture, a reputation for such develops within the local community containing a good pool of individuals to hire. A successful business cannot run without employees to perform the work.

Compensation is at the core of a successful employee engagement campaign. Employees cannot be motivated and will not be engaged if they are upset over unfair wages.

My advice to any employer, get money off the table is simple. Pay fair wages for the work being performed. That is it. By getting money off the table employees will feel like the company is investing in them, the work being performed is noticed, and it is at that point employees start to trust companies.