Investing in salaried employees can lead to increased loyalty and retention, creating a more engaged and motivated workforce, ultimately saving the company money by reducing turnover and recruitment expenses.
Employees who feel valued are likelier to go above and beyond in their work, leading to higher quality output, faster turnaround times, and a more competitive edge for the business.
Investing in salaried employees can positively impact the company's reputation and brand, attracting and retaining customers, potential investors, and partners.
Maintaining a solid and positive reputation in a recession is crucial for long-term success.
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