You get what you pay for

Original Post

HR management needs to wake up. If you pay people based on the depth and breadth of their skills, you get multi-skilled workers. If you pay people based on seniority you get an ‘aging workforce’. If you pay people based on production volumes, you get lots of inventory and marginal quality. If you pay people based on the improvements they make to the cash flow of the value stream in which they work, you get greater profits.