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Implement low‐cost strategies to retain employees facing shrinking salaries
Author(s) -
Tolman Steven
Publication year - 2019
Publication title -
dean and provost
Language(s) - English
Resource type - Journals
eISSN - 1943-7587
pISSN - 1527-6562
DOI - 10.1002/dap.30550
Subject(s) - compensation (psychology) , resizing , business , financial compensation , line (geometry) , labour economics , marketing , public relations , economics , political science , psychology , social psychology , economic policy , geometry , mathematics , european union
In a utopian world, the decision of which job to take (or how long to stay in it) would be motivated by purely intrinsic reasons. However, this unfortunately isn't the reality. In fact, for many, the financial compensation serves as the primary driver in career choices. The bottom line is that campus employees do need to be able to provide for themselves and their families.