If you have the view that everyone is replaceable, it all comes into focus. How much would it cost to interview everyone in a department for value, then lay off 10%? How much would it cost to lay off the 10% most expensive employees? Executives will pick the 2nd because in this economy, you can just open the front door and dozens of candidates will flock in, competing with each other for the lowest salary. Win-win (not for you).
In an employee’s economy, firing a person then hiring them back is more expensive than in an employer’s economy.
If you have the view that everyone is replaceable, it all comes into focus. How much would it cost to interview everyone in a department for value, then lay off 10%? How much would it cost to lay off the 10% most expensive employees? Executives will pick the 2nd because in this economy, you can just open the front door and dozens of candidates will flock in, competing with each other for the lowest salary. Win-win (not for you).
In an employee’s economy, firing a person then hiring them back is more expensive than in an employer’s economy.