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Employee deserves salary increment, but organization could not do it now due to financial crisis. How can I settle this troublesome problem?

EMPLOYEE DESERVES SALARY INCREMENT, BUT ORGANIZATION COULD NOT DO IT NOW DUE TO FINANCIAL CRISIS, AT THE SAME TIME EMPLOYEE WISHES TO RESIGN. BUT THE COMPANY WISHES HIS SERVICES OF HIS EFFICIENCY SINCERITY. AS AN H.R OFFICER HOW CAN I SETTLE THIS TROUBLESOME 

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Question added by NOUFAL PUTHAN PEEDIYEKKAL , Office Manager , AL MAWASIM TRANSLATION AND SERVICES
Date Posted: 2016/04/24
Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

What is most important is survival of the organization when there is financial crisis. During financial crisis, if you increase salary, the whole organization will go into deeper crisis or may even collapse and everybody will lose his/her job.

So. it is better not to give any increment to all. if someone would like to leave let him do so. But survival of the  organization for majority of the employees and to serve the society shall be top priority

I leave the answer to the experts, specialists in this field

Diego Ocampo
by Diego Ocampo , Field Supervisor , Helmerich & Payne Drilling co

Training and development in the carrer and knowledge could motivate the employee. A propmotion could be done with a comitment from the company about increase the salary in the future according to the new position results and when the finantial crisis is overcomed.  

Muhammad Shah Alam Joy
by Muhammad Shah Alam Joy , Warehouse Manager , ACI Consumer Mobile & Elctronics , ACI Limited

To inform the employees about current financial situation of the company and give commitment that if situation would be changed company will review next year salary by adjusting previous year or allot bonus share against salary review.

Ishrat Hussain Mohammad
by Ishrat Hussain Mohammad , Maintenance Engineer , Amsar wood manufacturing Dubai UAE

if the treatment of the company with that employee is good and even if that employee wants to quit that company leaving it in the crisis, then the company should search another person, there is no dearth of good people needing jobs in the market

Mahmood Rehman
by Mahmood Rehman , Security Coordinator , KRATOS

Do not increase the salaries and take staff on board about current financial crisis

Donald Martin
by Donald Martin , Senior Quality Manager/Construction Quality Control System Manager , Parsons

Discuss the situation with the employee.  Letting the employee know that the organization greatly values his/her input, but that the business is not in a financial position to increase salary at present is transparent and will generally create loyalty, provided that an increase is provided as soon as fiscally possible.  To tell an employee they are appreciated and then not provide an increase when the company is capable will erode any credibility the company had and any loyalty the employee had.   

Eng Ahmed Elsharkawy
by Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

thanks for invition ,,,,,,,,,,

i agree with mr.fazlur

Dr Majidah Khanam Consultant Obstetrician Gynecologist
by Dr Majidah Khanam Consultant Obstetrician Gynecologist , Head of Department Obs/ Gynae , Jeddah National Hospital

Could allow relief of time. Allow him infect facilitate him to do part time work of his own or job, could allow him to use company transport or any other benefit like pick and drop of his kids from school etc. Include other benefits program like health insurance, membership to various clubs. Offer company stock options or equity plans

VIRENDRA BHAGAT
by VIRENDRA BHAGAT , BRANCH HEAD ( RETAILS SUPERMARKET) , SALLOUMI STORES LTD NIGERIA

DEPENDS OF YOUR BOSS . HOW TALK WITH MANAGMENT .

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