01/18/2024
2021: No salary increase
2022: No salary increase
2023: No salary increase
2024: No salary increase
Employee: Please accept my resignation.
Boss: You’re doing great, why are you resigning?
Employee: I accepted an offer with a 95% base salary increase and guaranteed annual salary cycles as long as I meet my performance goals.
48 hours later...
Boss: We will match the 95%, please stay, we need your work!
Employee: Unfortunately, it’s too late. Friday is my last day.
Leaders of organizations need to understand their teams’ motivation every month. Every employee is motivated by different things in different periods. Take care of your good employees before it is too late.