Salary Consultation for Employees and Enhanced Retention for Companies
The average employee gives away up to 500,000 euros throughout their entire working life. Especially women and employees from other countries, such as Poland, India, Ukraine, China, and Thailand, are left wondering why their colleagues earn much more for the same or similar jobs. In some cases, highly qualified expatriates with two exceptionally well-earned college degrees receive far too low salaries, even in the IT industry.
On the other hand, there are young, well-educated colleagues who start with much higher salaries than some long-standing employees who have been with the company for many years, accumulating a wealth of experience and expertise. How do they do it? My answer is, "They have informed themselves well, perhaps through career counseling, and have trained in salary negotiations." Here, I can provide you with valuable information, starting with an analysis of your current situation and, of course, a situation-appropriate salary comparison to determine the maximum achievable salary. After that, we can develop a strategy for you to reach your desired salary.
We can even practice salary negotiations until you are confident and convincing.
Have the courage to find out how to achieve your desired salary from an experienced HR professional.
Schedule a free consultation with the Karriere Krönerin!
It can happen that different salaries are paid for the same job in the same company in the same location. When employees become aware of this, it can affect their motivation and performance. The worst-case scenario is that the "underpaid" employees start looking for a new job or simply start doing the minimum required. And that's when workplace harmony is disrupted, and there are numerous discussions with the works council and unrest all around. Another scenario is when candidates, during salary discussions in the interview, are not happy with the low pay and decide to sign with another employer.
Even worse, these candidates may spread the word on the job market that your company offers low salaries, making it seem unattractive and non-competitive. In both cases, the salary system is not working. Even if a collective bargaining agreement is in place in the company, it doesn't necessarily mean that all employees are correctly classified. As the saying goes, "Friendship ends when money begins." This can easily be applied to the professional world and salary. When it comes to money, employees and managers get stubborn when things aren't right. With the help of my toolbox and years of experience as an HR professional, I can work with you to create a proposal that will make your employees happier.
As rough guidance:
Recruiting, onboarding, and training a new employee costs an average of one year's salary, just because the former position holder resigned.
This includes interim employees, colleagues, temporary workers, etc., who need to be brought on board to bridge the gap. And new employees typically don't start making a positive impact until after two years, once they are fully trained.
So, as an employer, it's crucial to focus intensively on retention; otherwise, you'll soon be left alone. Of course, employee retention isn't just about the right salary! Retention begins with the job interview and onboarding and encompasses all measures aimed at retaining employees in the company.
This includes pension programs, supplementary health insurance, free lunches, taxi services, company daycare centers, and much more. It's best to schedule an appointment right away if you want to learn more about employee retention or contact me here
Please note that I do not offer training on topics such as payroll, personnel controlling, or SAP, as I am neither a numbers person nor an IT expert.
