Employee turnover is a major concern for businesses, especially as salary information becomes more accessible online. Employees now have the ability to research and compare their pay, leading to increased expectations and requests for raises. However, many organizations lack strategic pay communication, leaving managers unprepared and employees dissatisfied. Effective pay communication is crucial, as 82% of employees are satisfied with their pay when given a clear rationale, even if it's below market average. This guide offers a step-by-step approach to improving pay communications, helping businesses retain employees and enhance engagement.

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