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?
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?