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The important compensation metric that most employers ignore

If an employer is merely focused on locally competitive wages and a competitive benefit set, they may miss one critical nuance.

By Thompson Aderinkomi | May 19, 2022 at 09:59 AM
3 rolls of Ben Franklins on U.S. currency Employers often overlook the amount of disposable income employees will have after paying for their contribution to health insurance and how it compares to other markets. (Photo: Shutterstock)

Attracting and retaining talent have always been critical components in organizations’ plans. In the era of the Great Resignation and the great return, it has become more important and more competitive to carry out this goal.

In the new world of work, you have designed a flexible workforce policy and offer salary and benefits that are competitive. You have been able to attract and hire top performers to your job openings, but in less than a year, they jump ship for higher compensation. Is this just a sign of the times or are you missing a key component in your talent strategy?

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