A Full Guide to Compensation and Benefits
Digital HR Tech
NOVEMBER 11, 2019
While their findings were statistically significant and turnover is expensive, it’s probably not enough to convince a boss to give someone a 10 percent raise. They found a strong correlation between pay and engagement (and engagement profoundly influences retention ), but what was stronger is pay clarity. Research shows that both distributive fairness and procedural fairness lead to higher employee retention.