Getting employee pay right is always an uncertain game; it is more than a question of scanning job advertisements for headline rates. Recognising this Employer Solutions now has a license to access a database of millions of job grades and salaries. It is a valuable facility as employees do leave for better pay. Any underpaying margin will invariably be small in comparison with the cost of finding a replacement. Conversely, evidence shows that most employees who feel underpaid are, in reality, paid at or above their market rate. Reassuring them (with independent factual data) can reignite their motivation.
For December and January, Employer Solutions are offering one free hour’s HR consultancy to fellow Lancaster Chamber members – sufficient to benchmark fully one job and perhaps safeguard a key employee. Call 01524 599399 or email email@example.com to make an appointment.