In the realm of employee compensation, the traditional route to employee retention has been straightforward: increase salaries to attract and keep talent. However, as the
Even though the ripples caused by the COVID pandemic have begun to subside, businesses are still facing labor shortages. Studies have indicated it can cost
With all the talk of “The Great Resignation” and “Quiet Quitting,” employers could be forgiven for thinking the workforce has turned into a band of
One of the clearest signs we are in a jobseekers’ labor market is the increase in wages companies are offering to entry-level employees. Exhibit A
On March 11, 2020, the World Health Organization (WHO) officially declared COVID-19 a pandemic. By that time, it had already caused 4,291 deaths in in
One of the most uncomfortable dilemmas a manager can face is how to deal with an employee who isn’t meeting expectations. You need to address
