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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Article brought by Stature ARW Accounting
Stature ARW formerly (Adrian Raftery Wawrzyniak) is a young & innovative boutique practice based in the Sydney CBD, with western Sydney offices in Granville and Campbelltown. We also have a branch office in Cairns, Queensand and are available in Melbourne on a part-time basis.
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We offer services to individuals, family businesses & small/medium enterprises in each of our core competencies. View Our Services
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ARW welcomes back Kymy!!
With great excitement we announce that after an 18 month absence Kym Shaw returns to the ARW reception desk. Email Kym for an appointment with your ARW adviser.
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With the return of Kym to the ARW fold, Jodie McIntosh has started accounting studies & is embarking on an exciting career as a trainee accountant with ARW. Good luck Jodie!
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