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Executives Face New Challenges In Retaining Top Employees Given today's competitive talent market, it can be tough to convince top-performing employees to stick around — especially when you're worried about what rising salaries will do to your bottom line. PayScale surveyed nearly 5,000 executives and HR professionals, asking what challenges they faced in 2013 and what their plans are for 2014. Get your copy of the 2014 Compensation Best Practices Report to learn what your peers are doing about salaries, employee retention, and pay raises this year. Highlights from the report include: - 72% expect their company's financial situation to improve.
- Salaries will go up: 88% of the respondents plan to give raises.
- Retention was listed as a top business concern by 60% of companies surveyed.
- 75% of respondents are not satisfied with the compensation data available.
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