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How to deal with staff wanting a pay rise

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In the current economic environment where there is both low unemployment and increasing inflation it is inevitable that valued staff will seek a pay rise.

Below are some ideas as to how you can best deal with this situation:

  • ensure your employee’s present salary is market competitive
  • consider other ways to recognise and reward valuable employees such as:
    • flexible working conditions
    • provide an opportunity for extended leave
    • provide a promotion
    • provide a company award for performance
    • be thankful they asked, and not resigned.

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