Showing posts from September, 2017
According to the most recent Vistage CEO Confidence Index, “Sixty-two percent of firms reported that they were struggling to find and hire the workers that they needed, while one-in-five firms said that finding, hiring, training and retaining management talent was their top challenge.”
From the conversations I am regularly having with CEOs throughout the South Sound, I know that this pressure is real.  Frankly I can’t quit thinking about it, so here are some thoughts that I would encourage each employer to ask themselves.
How much have I increased wages over the past 3 to 5 years in each category of worker? Have I kept up with the market?

Do I have a systematic increase in place for wages, performance reviews and opportunity for each employee to grow, that they can count on if they perform? What has been my exit rate in the last 18 months by category? 

A 3% increase for a $15 an hour employee = $0.45 an hr. What is going to cause that employee to stay with me …