The new hire earns £48,000. The person training them earns £41,000.
Pay compression rarely announces itself. It arrives one necessary hire at a time, and the people it drives out are usually the ones nobody expected to be mobile.
SBy Steve··5 min read
The hire was justified. The role had been open for four months, the shortlist was thin, and the candidate had two other conversations running. £48,000 was what it took to close. Nobody did anything wrong. Six weeks later, the person who is training that hire, three years in the business, knows the clients, can sign off work unsupervised, finds out. Not through an announcement. Through a job advert with a band on it, or a recruiter’s call, or a conversation in a car on the way back from a site…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.