Scrimping on employee salaries can wind up costing your company more than dollars in the long run. From poor morale to low employee retention rates, the ripple effects of underpaid employees can be widespread, and difficult to reverse.
If your budget is strained—particularly if you’re a small business or start-up—consider other ways to fairly compensate your employees, whether through generous vacation policies or performance-based bonuses. Showing employees that their work is valued and appreciated will ultimately pay your company the biggest dividends.
Your company’s greatest assets are its people. seattle temp agency to learn more about attracting—and retaining—top top-level talent.