Handling “The Great Resignation” and Should Leaders Be Overpaying for Talent?

grini_f

49 min•5930 پلے

Business & Finance

تفصیل

Millions of people left their jobs last year, and the elephant in every office right now is: how do we talk about money? In today’s episode, co-hosts Richard Lindner and Jeff Mask tackle the difficult topic of salaries and raises head-on. 2021 was the Big Quit, the Great Resignation, the Year the Employee Leaves. Everyone has felt it. When 38+ million employees in the U.S. quit their jobs in a single calendar year, everyone feels it. That’s a lot of people walking out. That’s a lot of investment in training and onboarding and growth. That’s a really big hit. So, what are we going to do about it? If you’re a leader freaking out a little (or a lot) about this right now, know that you’re not alone. Listen in as Jeff and Richard calmly and wisely walk us through next steps. Let’s Be Honest: No One Really Knows What Richard is hearing from people he leads and in his communities, masterminds, and from other CEOs, executives, and mid-level managers is this: My employees are asking for raises, and I don’t know what to do. I don’t know how much to pay them. I don’t know if I should pay over market. I don’t even know what the hell market is right now. Richard doesn’t know either. He says it feels like we’re sitting here bidding on a house in the hottest real estate market out there. How much over market do we have to go? There are times when the answer is whatever it takes. Sometimes it’s none. How do you know? The next big question is: How do you have these conversations with team members? If they haven’t asked, they’re thinking about it, building u

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