Skip to content

LBH Business Services

HR & Indigenous Relations

  • Human Resources Consulting
  • Indigenous Relations Consulting
  • What Is The Role Of Human Resources?
  • About Us

cost of living

Top Reasons to Have Cost of Living Pay Increases

January 19, 2023 by Ian Hopfe
Top reasons to have cost of living pay increases

The top reasons to give employees a yearly cost of living pay increase are so you can retain good employees, build trust and loyalty, make employees feel safe and secure, attract good employees, reduce loss of organizational knowledge, and reduce bad turnover rate.

Categories economy, employees, human resources, issues Tags cost of living, human resources, pay, Salary, Wages
  • Blog
  • Careers
  • Contact Us
  • HR Partners
  • Privacy Policy & Disclaimer
  • Facebook
  • LinkedIn
  • YouTube
  • BBB
  • Yelp
  • Yellow Pages
© 2023 LBH Business Services • Built with GeneratePress