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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality.

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Google Execs tell workers they won’t raise pay to match inflation

HR Digest

According to audio of an internal Google meeting obtained by CNBC, Google has made it clear to its employees that it will not raise salaries across the board in response to inflation. . Inflation and Employee Salary in The Tech Industry . Still, there is an amount of uncertainty as regards pay raises.

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16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]

SnackNation

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. But what perks really matter to employees?

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Workers in North West most likely to be researching pay rises online

cipHR

When it comes to researching the subject of pay rises, however, workers in the North West are the most prolific. Notably, 90% of the top 10 towns and cities (and over two-thirds of the top 25) have lower-than-average full-time salaries.

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How to Get More Than the Average 2.9% Salary Raise Predicted for 2016

Talent Culture

Compensation Planning Survey , indicating a trend towards continuing to reward top performers and incentivize employees through recognition opportunities that are not only linked to base pay. The average salary increase budget is expected to be 2.9% Promotional increases as a percent of base pay are rising on average about 8%.

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Majority of employees see themselves as cogs in corporate machinery

Workplace Insight

Employees want pay raises to meet inflation (65 percent), flexible work options (40 percent) and more learning and development opportunities (34 percent). 90 percent believe the right technology can help them enhance the employee experience.

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An Employers Guide to Agile Compensation Strategies

Hppy

Due to the increase in pay grade information, the employees know how much money there is in the market, so they are not scared to ask for fair wages. Benefit from Studying HR Management because it focuses on principles, technologies, and methods that are used to improve the organization productivity.