Dear SaaStr: Does Paying Higher Salaries Increase Employee Retention?
SaaStr
JUNE 13, 2023
Dear SaaStr: Does paying higher salaries increase employee retention? Moderate overpaying does not appear to create any stronger retention. Year-end and time-based bonuses lead to some retention, but maybe not the right kind. Massive overpaying increases retention of the so-so and mediocre. Otherwise — maybe not.
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