As the old saying goes, "Money can't buy happiness." Despite this, a new Gallup study found the importance of increased pay for job seekers has risen from #4 to #1 since 2015. Going from The Great Resignation to now a Great Reshuffle has many employers looking at innovative ways to attract and retain talent, including a new price tag on positions. In this episode, Dewey, Rae, and Bryana break-down the consequences to focusing solely on money and provide insights on more important things to consider when hiring and retaining employees.
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References:
Pendell, Ryan. (2022 November 28). Your Employees Want Higher Pay, but Money Won't Fix Your Problems. Gallup Workplace.
Resources:
Wigert, Ben. (2022 February 21). The Top 6 Things Employees Want in Their Next Job. Gallup Workplace.