Posts Tagged salary review

Salary Reviews, Are you paying out too much?

We discussed the subject of salaries at a recent Business Exposure Group meeting and received some interesting feedback…
There were numerous responses from what was a very good cross-section of both traditional and service-led business owners.

Here are some of the comments…

“Salaries should match inflation”
“No salary increases, but bonuses would be better”
“We can’t give pay rises this year because of business uncertainty”
“I only give a wage increase if someone asks”
“Increases cannot be across the board, but we’ll look at specific individuals”
“The market is dictating a 10% increase”

Please let us know your opinion.What answers are you giving your staff at the moment?

How is that affecting your recruitment programme?

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