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How inflation affects pay raises

Business Management Daily

One might think inflation negatively affected employers as well—maybe interest rates were too high, or they lost too much money and couldn’t kick any down to workers—but that notion doesn’t hold up under scrutiny. Even with an inflation increase, employees are likely to seek better compensation if they feel their skills aren’t being rewarded.

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What Employee Handbook Topics Should You Cover?

HR Digest

Before getting down to writing an employee handbook , HR professionals need to understand what they should include by law. The HR Digest has curated a list of employee handbook topics that’ll come in handy when you set up the organization’s human resources policies. Employee Handbook Topics Required By Law.

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6 tips for reducing employee turnover

Hppy

Additionally, show appreciation for your employers at special times of the year, like on company anniversaries or holiday celebrations like Christmas. . There are a lot of different ways that you can show your employees that you appreciate them! Provide regular pay raises. Here are just a few: Offer annual bonuses.

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Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

When employers don’t fulfill these expectations, they end up losing employees. Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year.

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Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

When employers don’t fulfill these expectations, they end up losing employees. Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year.

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4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

In addition to costing your company a fortune, it can discourage talented employees from joining your organization. High turnover is one of the major red flags job seekers look for when considering a new employment opportunity. Everything in the business world is evolving and the concept of management is not immune.

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Employee Disengagement and the Problem of Workplace Complacency

Achievers

Employee Engagement. Employee Feedback. Employee Retention. Employee Engagement. Employee Feedback. Employee Retention. Only 14 percent of employees say they’d consider switching jobs because they don’t feel engaged. Why Employee Disengagement Spells Trouble. Achievers Tech.

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