Retention Without Raises: How to Keep Top Talent When Budgets Are Tight
When promotions are paused, hiring is frozen, and compensation budgets are flat, organizations often brace for talent exits. The fear is understandable, and in many cases, justified. But here’s whatâs often missed: Most people donât leave because of the paycheck. According to iHireâs 2024 Talent Retention Report, just 20% of employees cited pay as the primary […]
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