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what is the peer review for the following statements - Compensation is critical to the health and prosperity of the employee as well as the
what is the peer review for the following statements - Compensation is critical to the health and prosperity of the employee as well as the sustainability and profitability of the company. As an organization we want to expand our business and in doing so we will need to grow our workforce to match the expected volume from new business relationships. The growth will involve 50 call center reps, 7 new leaders, and it all must happen quickly. This means we must be competitive with our market, which is already between $1 and $3 difference per hour for like positions and this pay dispersion must be addressed. These are not the only obstacles we face within our organization. Recent survey results have pulled the curtain back on two interesting facts. First our teams are dissatisfied with growth potential and promotions. The second is directly tied to pay structure. This in conjunction with the above pay information puts us at a disadvantage both with the existing base employees, which has demonstrated an attrition rate of about 10%, but also with new talent acquisition. Attrition or churn for Customer service level position is the highest with 18/22 or 81% of the turnover attributed
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