Raises are an important part of peoples ability to stay working with you.
Percentage given but what does it mean and how is it calculated? Is the set percentage what payroll can afford, is it across the board for all employees, is it the average percentage given, do high performers receive more, do non performers get less?
Explain and communicate to employees why the raise is what it is. Examples cost of Healthcare, Covid, Bonus days given, 401 K contribution.
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