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OFFER COMPENSATION – ATTRACTIVE AND COMPETITIVE: Fair compensation alone does not guarantee employee loyalty, but offering below-market salaries makes it much more likely that employees will look for greener pastures.
?????????Use of Industry Surveys and other data tools to stay informed on wage trends.
?????????To benefit both company and employees, tie increased one time performance pay to meeting specific goals aligned with business objectives.
?????????Collect data from exit interviews to document trends from your departing employees, and then use this data to make a business case for increasing salaries across the board...
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Common topics in this essay:
- Organisational Behaviour And Analysis: As Integrated Approach – Organisational Cultures And Climates,
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