Trends and Best Practices to Deal with Money Matters at Work
Employees understand their salary, but they often have little to no context about how that figure compares with similar positions in the marketplace, other employees within the organization, or even their own earning potential. This uncertainty causes them to fill in the gaps with their own answers – and that’s not good.
Organizations should supply employees with accurate information about their compensation so they can accurately judge their standing and assess their future. Doing so will provide transparency and increase employee engagement.
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