Do you pay your employees fairly? Of course! You did your research when making salary offers, you award regular cost of living raises and you pay for their overtime work. Still, according to a recent study by Robert Half, 46 percent of employees feel that they are underpaid.
This, of course, doesn’t necessarily indicate the truth about salary, since these particular findings are based on feelings. I’m a fan of dealing in facts, so I’d want to double check everyone’s salaries, and, depending on my findings, come back and say, “Yep, even though you feel like you’re underpaid, you’re not. Now get back to work.”
But, that’s bad management advice. People’s perceptions are their realities. If you simply dismiss their concerns with “I’ve double checked, and you’re not underpaid,” it’s not likely to fix how they’re feeling, which could lead to disengagement over time. Instead, if an employee approaches you to discuss their salary, I’d recommend taking the following steps.
To keep reading, click here: Half of Your Employees Think They Are Underpaid. Here’s What You Can Do About It