How much does it cost companies to lose employees?

by Evil HR Lady on November 21, 2012

Pop quiz: An average performing employee comes to you with evidence that he is underpaid by 5 percent. Your company’s budgets are already tight. He makes $50,000 a year. Should you:

A. Offer a 1-2 percent raise; B. Offer nothing. In this economy he’s lucky to have a job; C. Offer a 5 percent raise; D. Give him $50 gift card to the local mall.

To keep reading click here: How much does it cost companies to lose employees?

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