Staff have complained to RollOnFriday that Shakespeare Martineau is operating a two-tier pay structure following its latest merger in June.
Staff were assured that the firm would look at salaries last month. It didn't. Or if it did, it decided to do nothing about it. It means that those who used to be at SGH Martineau continue to receive an average of 15% more than their colleagues who used to be at Shakespeares. An insider complains that this is despite billing fewer chargeable hours, and "all because they don't contribute towards highly paid non fee earners in director positions".
Another source says that this means that NQs from SGH Martineau are being paid more than some associates at Shakespeares. Though it's still early days for the merger, this has gone down like a lead balloon.
Shakespeares has pursued an aggresive policy of expansion in the last decade, merging eight times since 2006. But despite the practice, it's been unable to conquer every teething trouble. The firm wouldn't comment.
Tip Off ROF
Staff were assured that the firm would look at salaries last month. It didn't. Or if it did, it decided to do nothing about it. It means that those who used to be at SGH Martineau continue to receive an average of 15% more than their colleagues who used to be at Shakespeares. An insider complains that this is despite billing fewer chargeable hours, and "all because they don't contribute towards highly paid non fee earners in director positions".
Another source says that this means that NQs from SGH Martineau are being paid more than some associates at Shakespeares. Though it's still early days for the merger, this has gone down like a lead balloon.
Shakespeare Martineau yesterday |
Shakespeares has pursued an aggresive policy of expansion in the last decade, merging eight times since 2006. But despite the practice, it's been unable to conquer every teething trouble. The firm wouldn't comment.
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Simple solution is produce salary bands and be open with staff like they do in London and if someone is not doing a good job then they aren't required.
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So I think in order to give a payrise to the "Mules" there will be a few casualties of the "prize stallions"
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Never leads to parity.
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Issue only arises if disparity after August yet similar targets and fees
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