4 ms·
The company doesn’t have to… unless the employee decides to leave for that reason. Now adding an extra 7% is not about inflation but about retaining (good) empl
by tkiolp4 5y ago
The company doesn’t have to… unless the employee decides to leave for that reason. Now adding an extra 7% is not about inflation but about retaining (good) employees.
I imagine that for bad or not good enough employees, the decision is rather easy for companies: let them go.
- mehrdada 5y ago> Now adding an extra 7% is not about inflation but about retaining (good) employees. Sure, and that distinction is the entire point, i.e. retention for [Silicon Valley and similar] tech employee is likely not dominated by the value of 7% but what the labor market dictates in terms of compensation, benefits, and company culture; could be a lot higher but by-and-large not directly driven by consumer price increases.