Chief Executive

DECEMBER 20, 2022

A January 2022 Conference Board C-Suite Challenges Survey reported that the primary internal business challenge facing senior leaders is the attraction and retention of talent. So, they absorb a one-time increase in variable costs as opposed to building in additional fixed costs by providing more aggressive base salary increases.

Compensation 97

Compensation Variable Costs Retention Fixed Costs 97

AIHR

OCTOBER 12, 2022

Lowering fixed costs: Variable pay programs allow you to lower base salaries because you’re offering employees the prospect of earning additional money. This helps you reduce fixed labor costs. This helps increase morale, foster loyalty, and build trust between employees and management.

Compensation 109

Compensation Benefits Metrics Implementation 109

Chief Executive

AUGUST 4, 2022

And the already significant fixed costs of adding staff are only getting steeper. Given all those factors, there is less and less margin for error when it comes to talent acquisition and retention. This year’s 4.8 This year’s 4.8

Recruitment 98

Recruitment Marketing Fixed Costs Manager 98

AIHR

APRIL 20, 2023

Inspite of this, organizations have created the perception that learning is a benefit, or a privilege provided to employees as part of employee engagement and retention strategies. The majority of budget resides in fixed costs related to headcount.

Sales 68

Sales Sales Fixed Costs Marketing 68