Occasional NC Policy Watch contributor and Asheville communications consultant Betsey Russell sent us the following essay about her experience with business plans (like the one advanced by Gov. McCrory this week) that target pay raises for junior employees at the expense of veterans:
The Value of Experience
By Betsey Russell
A few years ago, I sold my small company to a larger one. I had a small staff of experienced professionals at my firm, most with several years under their belts and a strong intention to stay in our line of work. They were hardworking, creative, and extremely valuable in terms of our overall profitability. In fact, their work is what helped make my firm attractive for the purchaser.
So, imagine my dismay when I was negotiating on behalf of my staff with the new company owner about compensation and benefits, and he suggested that instead of retaining these highly trained professionals, he might simply replace them with workers who were “younger and cheaper.”
This experience came to mind when I reviewed Governor McCrory’s plans to increase the salaries of starting teachers, but not the salaries of the valuable veterans I have so appreciated in my children’s classrooms. Read More