Adopt Team Set Salaries For Your Business & Avoid The Great Resignation

Adopt Team Set Salaries For Your Business & Avoid The Great Resignation

Judging by the number of people who quit their job this year, it really is time for a different approach.

With Percival.live, companies now have a way to set salaries that are fair, and that you and your team members actually agree are fair.

Also known as the Big Quit, the Great Resignation refers to a recent trend that has seen significant numbers leaving their jobs.

According to the US Bureau of Labor Statistics, 4 million Americans resigned from their positions in July 2021, and a further 4.4 million quit in September.

Interestingly, the largest number of voluntary departures came from the 30-45-year-old age group. The author of Percival’s new report states that several things can be inferred from this statistic.

Most notably, it suggests that many of us feel exploited and that we have been feeling like this for a long time.

In the first instance, the company reports that payment of fair salaries may help to avoid many of these concerns.

Given that each industry has its own, unique demands, it also suggests that a collaborative tool such as its own Percival.live can be more versatile.

Applying the concept of team set salaries, the Percival.live platform is a next-generation compensation process that allows you to submit individual performance appraisals.

A sophisticated algorithm then apportions the available budget accordingly.

Click on https://www.percival.live/b log so you can learn more.