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Implement low‐cost strategies to retain employees facing shrinking salaries
Author(s) -
Tolman Steven
Publication year - 2019
Publication title -
the successful registrar
Language(s) - English
Resource type - Journals
eISSN - 1943-7560
pISSN - 1534-7710
DOI - 10.1002/tsr.30558
Subject(s) - compensation (psychology) , resizing , financial compensation , business , line (geometry) , labour economics , marketing , operations management , economics , psychology , social psychology , mathematics , geometry , economic policy , 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.