31st August 2022

Let’s Talk: Is Better Remuneration The Key To Retaining Employees?

Let’s Talk: Is Better Remuneration The Key To Retaining Employees?

How important is money to keeping top talent? Head of Lending at WLTH, Catherine Mapusua shares her opinion with Dynamic Business.

“Times have changed, and businesses need to accept a new reality and adapt to survive. Employees have different priorities and are leaving to discover new opportunities at the workplace. This makes hiring and retaining workers a challenge for businesses everywhere. It’s a candidate’s market, and companies must respond by creatively thinking about how we can successfully recruit and continue to retain talent.

“Searching and applying for a new job has never been easier, and more companies are enticing potential talents with competitive compensation packages. It won’t be enough to just offer better pay, and more factors should be considered to significantly improve employee value proposition [EVP]. This includes flexible work schedules, education benefits, extensive commitments to well-being, and environmental causes.”

Full Article: Dynamic Business