4. Increase the Competitiveness of Your Offers by 10% or More

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How often do you compare your current pay structure and benefits to those of your competitors? Do you know what the top talent at your five biggest competitors is currently earning? If you don’t keep up with data for your industry, you will find yourself playing catch-up eventually. That may come too late as you notice your employees moving on to greener pastures.

What does this have to do with your HR department? Everything!

If members of your HR team can’t offer competitive salaries or hourly wages, they will struggle to onboard qualified employees. If they can’t offer the benefits that job candidates are offered elsewhere, they will lose the talent war. This makes their job far more stressful and less successful.

You can support your HR staff by allowing them a louder usa mobile number voice on wages and benefits. Your executives and accounting personnel may have all the numbers that say what your company can afford. You still need input at the human level to understand what it will take to secure the talent you need.






Start by opening the lines of communication between HR and your executives. Encourage HR and your finance department to compare notes and intel. Ensure each department is informing the others before big decisions are made. You will end up with a more satisfied HR team that feels heard and valued. You should also end up with more qualified talent due to competitive compensation.

Putting It All Together