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Why Experienced Employees Earn More In A Newly Established Firm?
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[QUOTE="Maven Tiger, post: 87610, member: 28968"] In recent years, the labour market in most developing countries have a similar trend when it comes to employment of an experienced skilled labour. Newly established firms attract more experienced due to their ability to pay more for their services than a already established firms that seek to hire cheap labour. Newly established businesses always want to get the best employees in the labour market. To beat established competitors, they need to offer better salary package. Hiring a skilled labour with all necessary skill set goes a long way in helping a newly established business archive their goals at start of the business and in the long run. A newly established firms will always seek the service of an experienced labour even if expensive. is it wise for a newly established business to pay attractive salary package more than an already established business in the same field? [/QUOTE]
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Why Experienced Employees Earn More In A Newly Established Firm?
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