Tag Archives | raises

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Talent Wars: How Much Money Does It Take to Keep an Employee?

Good talent is hard to find, and the tight labor market is leading some employers to wage bidding wars over talent. But how much money is enough to convince an employee to turn down a job offer and stay with their current employer? In a recent survey, Express Employment Professionals posed that question to job […]

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The Results Are In: Increasing Pay to Retain Star Employees

In April, we asked readers if a star employee were offered a job with another company, how much of a pay increase over their current salary or wage would they offer to retain them? And with 39% of the votes, the top response was a 5 – 10% increase, followed by an 11 – 15% […]

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New Survey: Despite Tight Labor Market, Wage Growth Remains in Check

Majority of Businesses Expect Stagnant Wages in Q3; Almost 1/3 Will Increase Wages Express Employment Professionals recently released new survey results revealing that despite the low unemployment rate, many businesses are not increasing wages. In a survey of 533 businesses, respondents were asked, “Over the next three months, do you expect wages at your company to […]

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3 Quick Tips for Responding to Employees Who Ask for a Raise

When an employee asks for a raise, there are many different paths the conversation can take. If the employee is a star performer, has proven their mettle, and is actively helping drive the company forward, the answer is often quite clear. And, the same can be said if an underperforming employee who has missed a […]

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