Share this article:

#stopthemadness | Boss claims workers get 'too much pay and benefits' - is he right?

Boss claims workers get 'too much pay and benefits' - is he right?
Boss claims workers get 'too much pay and benefits' - is he right?

It’s undeniable that modern workers are largely treated better than they were even a decade ago. Whilst those working in Silicon Valley tech start-ups were known to receive lavish benefits packages, flexible working arrangements and a greater attention to overall wellbeing, the average worker perhaps saw these things as unrealistic expectations outside of the Google-esque bubble.

Yet things have changed. In the modern competitive talent-driven marketplace, where gaining valuable internal skills through new hires is a must, competitive compensation and benefits packages are a staple of any sensible offering.

But some leaders are arguing that businesses have gone too far in dishing out such perks. In fact, last week AnyVision CEO, Avi Golan, a former Google Director and Operating Partner at tech investing giant SoftBank, took to LinkedIn to share his views on the current state of worker compensation – a situation he deemed ‘madness’.

"I'm calling all CEOs to stop the hiring madness before the bubble explodes," Golan wrote, as reported by Vice. "This new generation of young [workers] needs proper guidance, and we need to be responsible to teach them career fundamentals.

Subscribe now to myGrapevine+ and get access to our comprehensive knowledge portal.


Already a subscriber?Sign in

Welcome Back

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 5 mins read

Forget the purple squirrel | Docebo's CPO on hiring for adjacent skills, not perfect resumes

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 4 mins read

'Impact, not intention' | BBC's Strictly settlement shows why HR must act early on bullying concerns

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Opinion
  • 3 mins read

Absenteeism | MP's sick day admission is something HR shouldn't ignore

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar

The AI-Enabled Workforce: Building Compliant, High-Performing Distributed Teams in the AI Era

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Whitepaper

The Hidden Health Crisis in UK Workplaces