Category

Retention

Why You Should be Paying a $70K Minimum Wage

By now, you’ve probably heard the headline of the Seattle CEO who decided to raise his company’s minimum wage to $70,000 a year. His company, Gravity, has roughly 70 employees and processes credit card payments for businesses, currently paying an average salary of $48,000 a year. While some people think he’s out of his mind, company employees are ecstatic. Here…

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Three Easy Ways to Retain Great Employees

If retaining your top performers is a concern, you’re not alone. According to the 2015 Compensation Best Practices Report from PayScale, 63% of employers reported employee retention as their “top concern.” With an increasingly competitive talent market, the grass can easily look greener to even a slightly unsatisfied employee. So what options do companies have to help retain their key…

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Where did all the good employees go?

During the economic downturn, you scaled back on hiring to keep your business afloat. Now that things have stabilized, you’re struggling to find quality employees to work for you. Unemployment is still relatively high, so why can’t you find talented applicants? Perhaps the question should be turned inward. Ask yourself the following questions to get a feel for how others…

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