"I've worked hard here for three years and the new hires are making the same wages as I am. I am job hunting."
Real quote from a frustrated worker.
The last three years have been difficult for employers and employees alike, and some employees who remained loyal and did not leave are feeling put upon.
How do you adjust to the current labor market and not leave loyal employees behind?
Regular evaluations and regular pay adjustments are a valuable approach.
What if you just cannot afford to pay more?
Silence is not a high value management strategy. If the news is bad tell the loyal employees and let them decide their own fate. Look for other means of compensation, such as increased paid time off. Try something.
Silence does not work out well.
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