These things are all good, but it may impact what the great resignation looks like at your office.
If year-end bonuses and raises are the norms in your company, your employees may hold off accepting that new job until the money is in their pockets. While companies shouldn’t base new hires’ salaries on their previous salaries, many do, and employees can use it as a negotiating tool. After all, why would they leave a job for less money than they make now? And who wants to quit three weeks before bonuses hit the bank account.
This isn’t to tell you not to give people raises and bonuses–you’ll undoubtedly lose your best employees if you do that. This is to tell you to prepare and plan. Here’s what you need to think about.
To keep reading, click here: If You Think the Great Resignation Is Bad, Just Wait Until January