Compensation and rewards are a vital – but often under-represented – part of any employee retention strategy.
With many organisations feeling the effects of a shrinking workforce and chronic skills shortage, staff retention has become a top priority for many hard-working HR teams. However, whilst initiatives that promote career upskilling, rewards and health and wellbeing often grab the headlines, compensation and rewards are two areas that – when combined – can be supremely effective in the war for talent…
So, if you’re looking to create a successful and comprehensive retention strategy for your business, here’s how you can incorporate compensation planning and rewards to make your company a place candidates want to join and stay for the long term.
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To learn more about the Cezanne HR Compensation planning module, click below:
Compensation Planning