The Benefits of Giving Your Employees a Raise

Posted by airabongco under Human Resources
From http://smallbiztrends.com 3726 days ago

Want to triple the productivity of your employees? You can do that by simply giving them a raise. But then again, it seems that there are simply too many factors to consider when doing this. Here is discussion about that matter.

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Comments

Written by cecilwampler
3723 days ago

Thank you for presenting this new research. I have found it very fascinating. I believe people who stress over finances will still stress over their finances after the raise, possibly even more so. This is simply my opinion, but I have found that employees who can't manage their finances get themselves into trouble, regardless of how much money they have. I could hand them $1,000 and they would find a way to be broke by the end of the week.

They will eventually need to do some follow up on their findings, but I would use caution before consolidating jobs or cutting any benefits. I feel these actions would have the greater chance of stressing out employees and cancel any benefit you might receive from providing raises. The article is very well written and thought-provoking. Thanks airbongco for sharing.

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Written by BizRock
3726 days ago

Very useful advice...It is the little changes that will make the largest changes. Thanks a lot for sharing!

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Written by bigmoneyweb
3727 days ago

There are so many benefits of giving your employees a raise of cause, the main one being that it will motivate them to do more awesome work for you, it will also boost their productivity. Thanks for sharing this with the bizsugar community.

Val

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