As a growing percentage of the workforce seeks new career opportunities, employee retention has become a major issue facing organizations today. Addressing financial compensation is important, particularly for those lower income workers whose wages have remained largely stagnant, but addressing emotional compensation is another component all organizations need to consider.
I had the opportunity to discuss this issue on a recent episode of the GovExec Daily podcast. Listen to the conversation to learn more about what emotional compensation is, why it matters, and which organizations are doing this well.
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