How to Set Salary Increase Budgets (2)

Описание к видео How to Set Salary Increase Budgets (2)

HR and compensation specialists must understand what are the right considerations in setting salary budgets. It is not "make employees happy", nor is it affordability. These are fuzzy concepts, but we must consider some very specific numbers. We must conduct the right analysis of market position, salary increase trend (not consumer inflation!), mixing promotions with merit review, business conditions, turnover rate and other factors.

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