According to three compensation surveys, US employers are planning slightly smaller pay raises in 2025, between 3.5 percent to 4.1 percent, which is below the average 4.1 percent salary increase given in 2024, and the 4.5 percent increase in 2023…
Tag: pay
How to ensure your performance management engenders trust
Organizations typically conduct their annual performance reviews and make decisions on merit pay increases and pay adjustments at the end of the year. Employers need to remember that the most effective and innovative teams are built on trust. Executives need…
Read More How to ensure your performance management engenders trust
Stop fretting over falling employee engagement. Go to the source.
Many organizations trying to fight falling employee engagement numbers are making a mistake. Frankly, now is not the time to deal with such matters. Instead of launching another employee engagement survey, listen to your employees’ frustrations and begin to work…
Read More Stop fretting over falling employee engagement. Go to the source.
Corporate culture drives business performance — and employee retention
There is long-standing empirical research demonstrating how corporate culture improves organizational innovation, productivity, and profit. Now, evidence is emerging that healthy organizational cultures are also the best way to beat the Great Resignation. Two weeks ago, MIT researchers uncovered that…
Read More Corporate culture drives business performance — and employee retention