Companies battle to retain talent, as workers demand better salaries, conditions |



Pressure on salaries is creating a new challenge for employers hoping to retain talented employees, as the so-called Great Resignation has also reached South African shores and is driving staff turnover. This is making a compelling employee value proposition for workers returning to the office non-negotiable. While South African employers expect average below-inflation wage increases of 5,4% for the next 12-month period, they are under pressure to find new ways to keep staff happy in a time of record labour turnover, says René Richter, managing director of Remchannel, a member of the Old Mutual Group. She was reacting to the…


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