If you were an employer, would you be frugal spending on your employees ?
So recently I got an increment at my job where i was allowed to negotiate my final CTC. I am already in the 30% tax bracket. And it is wayy better than what most other folks make with my level of experience and skills.
I told them a number and they agreed without negotiation. I was hoping they would negotiate so I was more prepared to take a lower number. I was a bit sad that maybe I should have asked for a higher number but it was fine.
Now the interesting part is, I got more than what we decided upon. They told me I am important and stuff so they just rounded it up to a higher value. Maybe i give them a better ROI but i highly doubt that as they are making negligible profits and it is just running on investor's money.
Though the new increment from their end was not much but that got me thinking I would have never given that if I was the employer. I would have negotiated hard in the first place. I would have tried to save as much as possible for the company. Though it is investor's money anyway but it is money only. If i was running a startup, i would have done a lot of cost cutting on expenses even if i had ton of money lying around.
But i guess, you would have to avoid being frugal when running a company to be successful. Though my company is not at all successful by any means and i don't see much hope of it doing good later. But it has its perks.
What would you do if you were an employer ? Would you still be frugal on your employees and expenses ?