Do wages and salaries affect employees retention.

[CALVINDOL]

Yes, wages and salaries can have an impact on employee retention. If employees feel that they are not being fairly compensated for their work, they may be more likely to look for opportunities elsewhere. On the other hand, offering competitive salaries and wages can help to attract and retain top talent. It is very important that a business manager or a business owner put into proper consideration to maintain a considerate and meaningful payment of employees especially according to their ability and capability to achieve business goals and objectives as well as the benevolent and diligent attitude they put into work to make sure that goals and objectives have been achieved in the business organisation as expected or planned. The signs here is absolutely very simple, if a business organisation pays its employees very low, there is no possibility that such employee who possibly a diligent may want to leave.

However, it is important to note that money is not the only factor that affects employee retention. Other factors such as good management, career advancement opportunities, work-life balance, company culture, benefits, and job satisfaction can also play a role in an employee's decision to stay with a company. Employees are important to a business organisation and does consider diligent and more qualified should be retained.

 

[Realekom]

Yea salaries and wages has a huge role to play in the lives of employee's, When they feel they're not receiving a reasonable amount in their hustle it turns their attention elsewhere, so salary increase has played a vital role in retaining to talent in various field of service


Is important that all business owners and directors put this into consideration in order to retain and not losing the best services they have always been looking for, and most times money might not be the reason they live, poor management and lousy treatment on workers is another factor to consider, you got to treat them well if there services are still valued.