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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

In most organizations, long-term incentives are gone. Take a look at your current incentives for staff. If it’s at the 13- to 18-month mark, the staff probably see little incentive to stay until the 24-month mark, if they’re convinced they’ll only get a 3% cost of living adjustment (which is NOT a raise!). Know Your People.

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

Insperity

Here are a few simple steps to get started creating a compensation strategy: Assess your current pay practices, including base pay along with any bonuses or incentive plans. Prohibit salary negotiations , which enable organizations to drive up the costs for new hires to bring them onboard. Embrace pay transparency.

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

Insperity

Here are a few simple steps to get started creating a compensation strategy: Assess your current pay practices, including base pay along with any bonuses or incentive plans. Prohibit salary negotiations , which enable organizations to drive up the costs for new hires to bring them onboard. Embrace pay transparency.