The MHC Blog

Powerful Business Insights for Succesful Leaders
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The dangers of paying under salary market rate

Anyone searching for a new job will have noticed that the salary they are seeking or the salary their role and experience would have warranted some months and years ago seems to have decreased, in some professions and industries, significantly. Why??

The cost of living hasn’t decreased, in fact its steadily going up and yet salaries are decreasing and for no apparent reason other than that Companies can find ridiculously qualified individuals willing to take whatever salary they can, which is now driving market rate salaries down.

So, are Companies taking advantage of people’s misfortunes?
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7 ideas for motivating your team during difficult financial times

1) Be clear what you stand for
A mismatch of values between the organisation and the workforce will cause stress and a sense of dissatisfaction within individuals.  How well do your staff understand the values of the Company?  I don’t just mean the values shown on the Company website, what are the actual values that you and your employees live by?  How are these communicated and are you living them every day?

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