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LoginIs there any specific retention rate at which HR/finance introduce salary increase for all employees? [closed]
Interviews General Queries 3 years ago
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manpreet![Tuteehub forum best answer]()
Best Answer
3 years ago
In few companies so far I've seen the same scheme - at some point the company pays significantly less than the competitors on the local job market, then staff turnover grows, then salaries for all employees are increased. Is there any standard retention rate at which company should do it?