Strategy & Organization / Digitalization / Internationalization / Generational Transition
Elevate Employee Engagement! Reflecting on the past four years, where each salary review brought disappointment, it's essential for leaders to recognize the evolving needs and aspirations of their team members. This anecdote serves as a poignant reminder that employee motivations are dynamic. It's crucial for organizations to proactively engage with their talent, understanding that a competitive salary is just one piece of the puzzle. In this case, a swift counteroffer came when it was too late. Leaders, let's foster an environment where open communication and continuous understanding of individual motivations become integral. Prioritize regular check-ins, foster a culture of appreciation, and align professional growth with personal aspirations. A stitch in time can indeed save nine. Invest in your team's happiness and success before valuable talent seeks greener pastures elsewhere. #EmployeeEngagement #LeadershipInsights #TalentRetention #CompanyCulture #Meditate
2021: No salary increase 2022: No salary increase 2023: No salary increase 2024: No salary increase Employee: Please accept my resignation. Boss: You’re doing great. Why are you resigning? Employee: I accepted an offer with a 95% base salary increase and guaranteed yearly salary cycles as long as I meet my performance goals set by my manager. 48 hours later... Boss: We will match the 95%, please stay, we need your work! Employee: Unfortunately, it’s too late. Friday is my last day. Leaders of organizations need to understand their teams’ motivation every month. Every employee is motivated by different things in different periods. Take care of your good employees before it is too late. #culture #salarynegotiation #founder #leaders #shoes #footwear #footwearleader #farylrobin
