Research by Robert Walters reveals that nearly half of business leaders noticed rising employee turnover after postponing salary increases for staff. Economic pressure has forced many employers to prioritize cost-control, often at the expense of employee pay, resulting in 36% of surveyed leaders noting a drop in team engagement. A concerning 63% of UK employees without a pay raise this year are actively job searching, highlighting a disconnect between employer actions and employee expectations. This trend emphasizes the importance of maintaining transparent salary strategies to retain talent.
salary increases are not just about financial compensation, they reflect recognition of effort and contribution.
unmet expectations are pushing employees to reconsider their options, especially in a landscape where job opportunities are more accessible.
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