Blog

By Simone Johnson
Staff writer
Business News Daily

Giving out raises is an expensive way to retain employees.

Here are 12 ways to keep your team happy without offering raises.

1. Prioritize work-life balance.
2. Make employees part of the big picture.
3. Be transparent and honest.
4. Offer more vacation time.
5. Encourage communication in common areas.
6. Create a career pathway.
7. Promote a positive work environment.
8. Build employees up.
9. Set the example.
10. Always say ‘thank you.’
11. Recognize and reward employees frequently.
12. Offer benefits beyond the basics.

Read the full article on the Business News Daily site.