A Stack of Cash is not always the best way to lure and keep the most talented  employees according to Ryn Melberg on The Guardian Podcast. Agile / Business / Scrum / The Guardian Podcast

Knowledge Worker Salary.

Is money the best tool for attracting and retaining the best knowledge workers? Or, is there a formula for finding what is too little, too much or what is just right, like porridge?Some employers are getting creative in order to hold on to key employees. As the job market improves, competition for the best talent ramps up.

A Stack of Cash is not always the best way to lure and keep the most talented employees according to Ryn Melberg on The Guardian Podcast.

A Stack of Cash is not always the best way to lure and keep the most talented employees according to Ryn Melberg on The Guardian Podcast.

Top programmers and code writers are offered lavish salaries, cars, housing allowances, club memberships, day care and other services that were once only found at resorts and five star hotels. It sounds great at first, but there is always the law of unintended consequences.

What about the personalities of the people who accept the car, cash and all the rest? How long are they likely to stick around? How well will they fit in with the rest of the team? But what of employers and the responsibilities they have to the members of their respective work force? How well or not, do most of them respond to the knowledge that the raises they give are not even keeping up with the cost of living? Do they process the fact that the best way for anyone to get a raise is to change jobs? Do they count they count the cost of replacing those who leave and why or why not? And is it still taboo to discuss salaries with your fellow employees? Do people do their best work in competition with each other or when on a cooperative team? And what should be the timing of rewards for those same knowledge workers?
All of these questions and more will be answered on The Guardian Podcast with Ryn Melberg.
Knowledge Worker Salary And Incentives by Ryn The Guardian Melberg is licensed under a  Creative Commons License.

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