Estimated reading time: 0 minutes, 36 seconds

HR Executives Aim to Boost Pay to Blunt Rising Inflation

More human resources executives are planning to increase worker compensation as a way to fight against increasing inflation. So reports Human Resource Executive, citing a survey.

dollar 3706548 640 smallGartner surveyed 157 HR leaders in March and found that 63% aim to lift salaries to address their employees’ concerns with high inflation.

“The No. 1 thing that employers focus on is compensation when it comes to retention,” says Tony Guadagni, senior principal in the Gartner HR practice. “It’s not the only thing. But it’s the biggest thing. And if you have the opportunity, if you’re capable of raising wages, you’re going to do better in terms of retaining your employees than organizations that don’t.”

Read the full article from Human Resource Executive

Read 136 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.