‘The Big Stay’ – it’s time to invest in employees, not to cut costs
Workplace Insight
MAY 28, 2024
Freezing salaries, pausing promotions, adjusting bonuses, scaling back on staff perks and reducing training budgets become go-to tactics for managing the costs of static workforces. Teams can also be brought together to transfer skills and enhance capabilities from within. Declining staff turnover is being dubbed The Big Stay.
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