2.61 Top Workplace Trends: How Much Should We Pay?
With rising cost-of-living pressures, inflation, and ongoing salary demands, ensuring your employees feel fairly compensated is crucial. In this episode, Karen Kirton explores how businesses can navigate salary reviews, market benchmarking, and retention strategies when money is tight.In today’s episode, you will learn:Why salary conversations matter – How transparency around pay decisions can improve engagement and retention.How to benchmark salaries – Where to find market data and how to balance external rates with internal fairness.The role of salary strategy – Why you need a structured…
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