Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom #copied #corporatestories #hrstories
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Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom #copied #corporatestories #hrstories
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Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom #copied
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Boss: "Unfortunately, we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost-of-living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom #Copied
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130K+ | Managing Director of Business Strategy @TechSolutions | Ranked #1 in HR Industry 🇵🇰 | HRBP | Staff Augmentation | IT Recruitment | International Recruiter | Talent Acquisition | Headhunter | Remote Jobs
Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom
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Retaining your top talent is way better than hiring new employees and then training them from scratch. That's how employee wellbeing and organisational success works. 💯
130K+ | Managing Director of Business Strategy @TechSolutions | Ranked #1 in HR Industry 🇵🇰 | HRBP | Staff Augmentation | IT Recruitment | International Recruiter | Talent Acquisition | Headhunter | Remote Jobs
Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom
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Staffing Service Provider’s | HRMS I PF ESI | HR I IT Technical Hiring Specialist | Web Development I Talent Catalyst.
Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom #hr #careers
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Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost of living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom
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HR Expert |I Specialist Talent & People || HRBP |I HR Analytics || Talent Management ||
Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost-of-living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom
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Agile Automation Test Engineer | Inquisitive QA & UAT Specialist | Citi Corp | Accenture | Tosca Certified | Selenium Python | Postman | SQL | GenAI Proficient | Dual MBA - BA & IB
Couldn't agree more with the Boss's perspective! Retaining top talent should be a priority for every organization, especially in today's competitive market. While it may seem like a cost-saving measure to avoid pay raises, the reality is that the cost of turnover far outweighs the cost of retaining valuable employees. It's more cost-effective to invest in retaining existing talent than to incur the expenses associated with hiring and training replacements. #InvestInTalent
HR Expert |I Specialist Talent & People || HRBP |I HR Analytics || Talent Management ||
Boss: "Unfortunately we can't afford the pay raise." HR Manager: "They were a top performer." Boss: "We still can't afford it." HR Manager: "Then we should definitely pay it so they don't leave." Boss: "That doesn't makes sense." HR Manager: "It actually makes a lot of sense." Boss: "How so?" HR Manager: "If we can't afford a cost-of-living increase, then we can't afford to advertise the position, interview, hire, onboard, train, and pay the replacement." It costs less to keep your employees than to replace them, especially good ones. #wordsofwisdom