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What would you do if one of your best employees gave notice? For 62% of managers, the answer is to make a counteroffer. But is a counteroffer the right move to try and stop employees from leaving? For many, the answer is “yes.” This isn’t surprising considering the trajectory of the recruiting process and time lost […]
Written by Rosie Greaves, LaborIQ Staff Writer on April 5, 2022
A salary can seldom be judged by just the number you see on paper. What might have been an attractive salary two years ago will likely find you struggling to pay living expenses in today’s economy. The cost of living is constantly rising as inflation affects the global market. Recent statistics indicate a 7.1% increase in the […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 1, 2022
Securing a great new employee with agreement on the right salary – for both parties – might be compared to doing a dramatic tango dance. During the wooing phase, your company (the tango “leader”) and the candidate (the “follower”) start by facing each other from separate places of self-interest. Then comes the sequence with improvised […]
Written by Rosie Greaves, LaborIQ Staff Writer on August 25, 2021
