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Discusses effective communication to retain employees

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If your organization decided it had to reduce compensation levels to be competitive, how would you communicate that in a way that would retain key employees?

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Solution Summary

This solution provides an explanation of how to communicate effectively to employees in order to retain them if the organization reduces compensation levels.

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Communicating effectively to employees is the best way to retain good workers. I think it's important that management reaffirm the organization's overall compensation strategy and communicate it effectively to employees. Sharing both good news and bad news is ...

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Jackie K, MBA
Education
  • Masters Degree, Strayer University
  • Bachelors Degree, Armstrong Atlantic State University
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