Yes!You Need to Give Your Employees Raises if You Want to Keep Them
The Growing Your Team Podcast Episode 126
Do you want to keep your top-performing team members? Then it’s time to consider giving them all raises.
Giving across the board raises is not something you’ll hear me suggest often, but right now it’s needed. The cost of living has gone up and if you don’t take the right moves, your employees might not be able to afford working for you even if they love working for you and your company.
Other companies are realizing that higher pay is a need right now and not a want. If you’re not competitive, your team members might take another job out of necessity.
If you haven’t already given your employees raises this year, it’s time to evaluate your budgets and take action.
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