Companies have to compete over talent. More and more sectors are now an employees' market. Employers face the challenging task of not only drawing in, but also retaining employees. Losing key qualifications is a huge risk, as it has a negative impact on operations, prevents organizations from reaching their strategic goals and generates additional costs.
According to Antal's research on employee attrition, the main reason why seasoned employees decide to resign is because they are offered a higher salary by the competition. Remunerations are one of the most important factors contributing to employee engagement and loyalty. Companies that do not implement a suitable remuneration policy will most likely experience a drop in efficiency coupled with growing attrition, translating into higher HR costs.
Therefore, designing and implementing attractive remuneration schemes is becoming crucial as it greatly reduces employee turnover and increases engagement and motivation. Remuneration schemes require a comprehensive approach and may improve the company's competitiveness and attractiveness in addition to making operations more cost effective.
To meet the needs of companies that face the abovementioned challenges, Antal joined forces with the Óżóg Tomczykowski law firm to provide support in designing remuneration schemes, allowing companies to achieve their strategic goals.
How will you benefit
Thanks to better remuneration management, your employees will be much less likely to resign. This will allow you to: