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There’s some new research that shows raising pay is not great for retention. Studies say it’s better to take that money and put it into a long-term benefit line a pension, profit sharing, while life insurance with a cash out value, etc.
There’s some new research that shows raising pay is not great for retention. Studies say it’s better to take that money and put it into a long-term benefit line a pension, profit sharing, while life insurance with a cash out value, etc.
Raises and bonuses had about a 3-month effect.
That seems highly suspect.
Was this research sponsored by the association for research into golden parachuting out of a pillaged company?