SMEs : The Importance of Fair Remuneration in Creating an Engaged Workforce

Posted in : Supplementary Articles NI on 26 July 2023
Legal Island
Legal Island
Issues covered:

SMEs : The Importance of Fair Remuneration in Creating an Engaged Workforce

Money is an essential aspect of our lives, despite its negative reputation. It takes care of our basic needs, allows for future planning, and provides security. In the context of employment, the amount a person is paid can influence their decision to apply for a job and their level of engagement.

Key Points:

  1. Remuneration and Engagement: While money alone cannot buy engagement, it plays a crucial role in creating a workplace environment that fosters engagement and competitive advantage.
  2. Value and Trust: Employees assess their self-worth based on their remuneration. Underpaid employees may feel undervalued, leading

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This article is correct at 26/07/2023
Disclaimer:

The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.

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