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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 265
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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 218
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Trending Sources

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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. Aside from the economic benefits, the majority (69 percent) say they would enjoy working onsite more if there were parking or transport reimbursements from employers.

Finance 59
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Lessons From Past Recessions

Success

Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)?

Finance 114
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People are worried about the impact of new tech, but many feel confident it will benefit them

Workplace Insight

This rises to 41 percent for deskless transport/storage workers, while almost one in three (31 percent) deskless workers feel concerned by the loss of control in their roles to automation and AI. Employees will be able to choose how they are paid driven by their own politics and ethics.

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

SnackNation

What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? For these reasons, a preponderance of respondents to Glassdoor’s survey indicated that they valued vacation or paid time off over a salary raise. Performance Bonus.

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should the interviewer dress up, I can’t afford to go to an event recognizing my work, and more

Ask a Manager

😍” Note: we work in health care (dealing with national crisis, short-staffed, and in the middle of a desperate war negotiating higher salaries), and we are mostly women in our 30-40’s. Are you sure people weren’t pushing you to fly back that day out of concern for you , rather than the company’s finances?