Even in a slow economy employers need to consider the touchy issue of raises — and possibly bonuses — to keep their best talent onboard. Having a compensation strategy is important regardless of economic times, but even more so when finances are lean. Find out how compensation professionals view the process of giving raises for the purpose of maximizing productivity and motivation. The right strategy can and should pay off handsomely for employees and employer alike. Keep reading to learn more
Even in a slow economy employers need to consider the touchy issue of raises — and possibly bonuses — to keep their best talent onboard. Having a compensation strategy is important regardless of economic times, but even more so when finances are lean. Find out how compensation professionals view the process of giving raises for the purpose of maximizing productivity and motivation. The right strategy can and should pay off handsomely for employees and employer alike.