Payscale’s Post

It’s not just about the paycheck—employees are losing confidence in how they’re paid. Is your company at risk? 📉 13% average voluntary turnover in 2024 (median 10%) 💸 31% of companies say they’re losing talent due to unfair pay perception ⚖ 47% of organizations struggle to balance fair pay with compensation costs With nearly 1 in 3 companies citing pay perception as a reason for talent loss, it’s clear that competitive salaries alone aren’t enough. Employees want clarity, communication, and confidence in how pay decisions are made. What’s one thing a company has done that made you feel valued beyond just your paycheck? #TurnoverTrends #PayEquity

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics