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2023: No salary increase.
2024: No salary increase.
Employee: Please accept my resignation.
Boss: You’re one of our best employees. Why are you resigning?
Employee: I accepted an offer with a 150% base salary increase and guaranteed yearly salary cycles as long as I meet my performance goals set by my manager. Also they are offering hybrid work options.
24 hours later…
Boss: We will match the 150%, please stay, we need your work!
Employee: Unfortunately, it’s too late. Next Friday is my last day.
Leaders of organizations need to understand their teams’ motivation every month. Every employee is motivated by different things in different periods. Take care of your employees before it is too late.
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