Business owners have known the value of loyalty for a long time.
Similarly,businessesalso know that employee loyalty will help a company advance.
So why then did a recent social media post on rewarding existing employees cause such a stir?
Netflix increased his salary to match, a practice Sweeney has carried through at Facet.
He wrote:
40% off TNW Conference!
Dont punish loyal employees for sticking with you by allowing their compensation to fall behind the market.
Seems pretty right on, right?
Well, reactions were mixed to say the least.
While loyal employees commented in agreement and praise with one eye on the rising cost of living.
That annual 3% salary bump loyal employees get if theyre lucky is hard-earned.
Resentment can fester and grow quickly in this environment.
The consequence of these elements is what labor economists call salary compression.
Then hit up theTNW House of TalentJob Board to see whats out there.
Youll find good starting salaries at plenty of organizations.
Weve got three to check out below.
The job spec mentions significant investment in learning and growth, alongside a competitive compensation and benefits package.
ThisSenior Java Software Engineerrole will suit an experienced engineer looking for a competitive salary and generous benefits.
Based in London, eBay also offers support for working from home.
Keen to work with the biggest and most innovative brands in the industry?
