Salary Benchmarking for Success: ​
How Compensation & Benefits Shape Absenteeism, Attrition, and Tenure in the Philippines
Salary Benchmarking for Success:
How Compensation & Benefits Shape Absenteeism, Attrition, and Tenure in the Philippines
0
%
of employees say their compensation influences their attendance
0
%
of employees think their salaries don’t align with industry trends
0
%
of employees feel underpaid for their skills and value
Executive Summary
The recently conducted salary benchmarking report sheds light on the impact of compensation and benefits on employee behavior. It has a direct correlation with factors such as absenteeism, attrition, and tenure.
Although a better paycheck enhances job satisfaction and reduces turnover, it also presents challenges, because highly compensated employees are more likely to be absent.
By conducting regular salary benchmarking, companies can stay updated with market trends and make informed decisions about employee remuneration.
Achieve optimal sucess by aligning compensation plans with current market realities. This report will teach you how.
Although a better paycheck enhances job satisfaction and reduces turnover, it also presents challenges, because highly compensated employees are more likely to be absent.
By conducting regular salary benchmarking, companies can stay updated with market trends and make informed decisions about employee remuneration.
Achieve optimal sucess by aligning compensation plans with current market realities. This report will teach you how.
The data extracted from this report came from Sprout Benchmark.
BenchMark
Want to remain competitive and attract the best talent?
Unlock key insights on how to boost employee retention and increase employee satisfaction with salary benchmarking.
- Understand compensation affeects employee satisfaction & retention
- Learn about salary benchmarking and make better, data-driven decisions
- Align your compensation plans with current market conditions
- Get practical tips to refine your compensation strategies
Empower your workforce with competitive compensation.
Boost employee satisfaction and reduce turnover. Give your organization a competitive edge with salary benchmarking!