Sam Szuchan’s Post

Maybe if we just hired the right people right off the bat, we wouldn't have to bother fixing the end results? I feel like many companies hire out of necessity sometimes, but fail to consider the emotional intellect of the new people, and how they can impact the team. Sam Szuchan

And you can pay them what they’re worth by making them owners. If they can consistently add value to grow your business, they should also be able to capture some of that value.

Talent is THE most important thing at a business !

You are spending more than you would have if you compensated them fairly and you're losing top talent to somebody who would compensate them fairly. In no logical world is that a win.

Give them what they deserve and they'll give your company what it need to get success Sam Szuchan

Hire people who do things and get out of their way, Sam.

My last company promised me a raise, in writing, for months and months. As more key employees left, they piled their responsibilities (outside of my job scope) on to me with the promise of additional pay. They kept promising up until my layoff after I had rehired the positions of everyone who had left. They made sure to have me process the insanely massive bonuses for c-suite before letting me go as well.

We got to see this first hand in the auto industry from 2008 to 2011. The decision makers learned that it’s WAY easier to fire thousands of capable contributors and shutter plants than it is to convince the good ones to come back to you and re-open their plants. People had moved on. Many had left Michigan and had no intention of returning for such instability. It’s never been the same since then. Companies hire and fire to manipulate the numbers to “make the quarter” and employees match the absence of loyalty by jumping jobs frequently. Nobody has the long game in mind anymore. It’s all about “me” and “today”.

It's always puzzled me why companies would rather lay off employees instead of offering them the raise they deserve. These aren't just numbers on a spreadsheet—these are skilled people who contribute real value. The irony is, layoffs don't even save money. By the time you factor in severance, hiring, background checks, and onboarding, the costs add up fast. And then there's the risk that the new hire might not even be a good fit. Wouldn't it make more sense to invest in the talent you already know and trust? Paying fair wages is not only the right thing to do, but it's also more profitable and way less stressful. Don't take your talent for granted—the cost of replacing them is far higher than simply appreciating them. So why not just pay people what they're worth? It's a win-win.

it often times the investors who don't know anything about the talents/ employees personally who decide it, and maybe they decide it because of 'the effectivenes' as well. Could be differerent in every organization/company, tho. Let say the team, Ceo, cto and anyone else know their employees very well and that's why they decide on the hiring process but the investors who decide which position to be laidoff or at least suggest it.