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Ante Up! Build a Compensation Strategy that Attracts, Retains and Rewards Great People
Across the nation, minimum wage is on the rise. Job creation and candidate shortages are on the rise, too. If you’re serious about attracting -- and keeping -- top talent, it may be time to take a hard look at your compensation strategies.
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Feel Like You're "Losing It"?
We're talking about trust (not your sanity!). In any organization, leadership is responsible for engendering a culture of respect and reliance. Here's how to build trust in your organization -- and keep from losing it.
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Leadership Tip of the Month:
"Paying your employees well is not only the right thing to do, but it makes for good business."
--James Sinegal, Co-Founder and CEO of Costco
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Fact of the Month: Minimum Wage Hikes Boost Real Income and Spending
A recent study by the Federal Reserve Bank of Chicago concluded that, during the quarters following a $1 minimum wage hike, real spending by households with at least one minimum wage earner increases by $700 per quarter.
Source:
Federal Reserve Bank of Chicago
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Looking to get more control over your staffing costs, Reader? We can help! From shortening your search for talent to better matching your workforce to your workload, Here's Help Staffing and Recruiting can give you more control over your staffing results...and expenses! Contact us today to learn more about our flexible staffing solutions.
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