Looking for the best way to ensure your employees are satisfied? Read Percival’s report today to discover the role of perceived fair wages in overall worker satisfaction!
Are you paying your employees what they're worth? Recent times have shown us that if workers feel like they aren't getting paid enough, they'll quit without a second thought. Percival shows you how to stop this from happening!
Percival's report describes that in April of 2021, a great number of employees started resigning from their positions and moved toward the food, health, and technology industries. Finding replacements for workers can be difficult and super expensive - that's why you need to keep yours happy and committed.
Go to https://www.percival.live/post/dont-lose-your-employees-to-the-great-resignation to find out how you can do just that.
Percival’s ‘Don’t lose your employees to the Great Resignation’ report informs that the high resignation rates increased further in July 2021 when over 4 million Americans quit their jobs. Statistics show two months later 4.4 million resigned as well. This phenomenon is now referred to as ‘The Great Resignation’, which was greatly influenced by the current pandemic.
Due to declining wages and insufficient health benefits, workers’ satisfaction with their jobs began to decline as they were feeling exploited. The grand majority of employees that willingly left their jobs were between the ages of 30 and 45. On the other hand, major companies like Walmart reached new heights in terms of profits during the pandemic, while their employees didn’t receive a fair share.
According to the report, it is critical that you begin listening to what your employees need to make sure no worker is lost. Percival offers a unique tool that allows your employees to voice their opinions in terms of salaries, end-of-the-year bonuses, and project bonuses. This tool has demonstrated great success as Webgoal, an avid user of this solution, has reduced its employee turnover by over 66%.
With this tool, you will be able to establish salaries that your workers perceive as fair, which will boost their job satisfaction. You will benefit from numerical results for each appraisal, and that data will help you determine what changes need to be made. Furthermore, all of your staff members will contribute to the evaluations to get their fair amount.
It takes just 15 minutes for each member to share their feedback via a user-friendly interface. With team-set wages, your employees will be happier and more productive - a total win-win!
The author of the report stated: "Using our team set salaries methodology the results are not only fair, but the team members perceive them as fair. And if team members feel like they’re getting their fair share of the pie, they will feel grateful and stay in their jobs."
Percival offers a tool that will help you pay your employees fairly and ensure they won't want to leave your company - visit their website for a free trial!
Ready to become a company that employees view as fair-paying and caring? Click on https://www.percival.live/post/dont-lose-your-employees-to-the-great-resignation for the strategies you need!
