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CareerPlug research found that dissatisfaction with current compensation was the number one reason employees leave their jobs, which probably doesn’t come as a surprise.
But for many business owners, money is tight. You want to retain your team, but your budget is spread thin, and it’s simply not possible to offer raises across the board right now.
Let’s assume you’re already paying your staff a reasonable wage for your area. (You can use the salary calculator on GlassDoor to confirm.) If you are, but you’re still experiencing turnover, what else can you do to retain your team?
Fortunately, there are