While I’m already very much an advocate for paying my team what why’re worth, the recent shifts with remote work has put extreme pressure on companies to meet salary expectations in much larger markets.
I have an employee who needed a 33% increase due to market pressures. While we were going to already meet 15% of that at his next annual, budgets didn’t easily allow for the other 18.
Instead, he got a significant raise and a 4-day week to boot. He’s happy. I’m happy. And, frankly, we don’t see any productivity loss.
I have an employee who needed a 33% increase due to market pressures. While we were going to already meet 15% of that at his next annual, budgets didn’t easily allow for the other 18.
Instead, he got a significant raise and a 4-day week to boot. He’s happy. I’m happy. And, frankly, we don’t see any productivity loss.
It is absolutely possible.