Say you’re thinking about leaving your current company. What would make you stay?
It turns out that, for a majority of workers, money talks. A study from CareerBuilder and Harris Interactive asked more than 3,900 American employees what motivates workers to stay with their current companies. Seventy percent said a higher salary is the best way for companies to retain workers.
The study also found that employees value a higher salary more than a better job title. Eighty-eight percent of employees would take a raise over a new title. They would also take:
A raise isn’t the only action that employees value. Other factors that encourage employees to stay with a company include:
What about other benefits your company offers, like summer hours? They matter.
Here are the top perks that can improve employee retention.
1. Half-day Fridays (40 percent)