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When inflation is high and budgets are tight, HR leaders must find innovative ways to engage and retain top talent beyond base pay. The 2024 Engagement and Retention Report by Achievers Workforce Institute (AWI) reveals that even in the face of stagnant wages and rising living costs, there are other profound ways you can engage and retain top talent.
Emotional salary is the non-monetary components that contribute to an employee feeling adequately rewarded at work. Discover the five pillars that can elevate your employees’ job satisfaction beyond the paycheck: culture alignment, recognition frequency, work relationships, employee feedback, and career growth.
When HR can implement initiatives that increase emotional salary, their company can compete for talent beyond base salary. Learn more about driving these results at your organization. Download the 2024 Engagement and Retention report now.
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