HR: "What's your salary expectation?"
Candidate: "20,000 to 30,000 a month."
HR: "You're the best fit, but we can only offer 15,000."
Candidate: "Okay, 15,000 would be fine."
HR: "How soon can you start?"
While HR may feel accomplished for negotiating within budget, the outcome can be costly. The new employee discovers the pay gap, leading to dissatisfaction and disengagement. Result? Employee turnover, recruitment costs, and performance gaps.
To retain top talent, pay people what they're worth. �� #Retention #EmployeeEngagement #Compensation
This post aims to spark discussion and awareness about fair compensation practices, encouraging organizations to prioritize employee satisfaction and retention. Follow - HRDescribed