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Company face a financial problems and employees stars to leave one by one
Give them the choice, to stay or leave.
Salary delays shows bad management. It creates frustration and disenchantment among the staff and resultantly stumpy perfomance by the employees.
We can offer company stock options or equity plans, this is a relatively low-cost way to increase the long-term earning potential of your employees. As an added benefit, these sorts of options give employees a real financial stake in the company.
If they work hard and help the company do well, their stock value will go up and they'll make money. we can aslo, offer benefits like health insurance......
we try to motivate our employees to think positively about their jobs, it means salary is not the only factor to push'em leave the company
Salary delay is an indicator of poor management and factor of rapid company failure.
Mostly in large companies, as construction companies, the employees salaries are very small part of the costs. So in such cases other resources should be managed as arranging agreements with suppliers and subcontractor of post dated payments, so that no delays of employee salaries may happen.
Employees are the most important asset for any company. The should get a hike in salary yearly in accordance with their performance in the company. And provide them different benefits like health insurance, etc. The company should give employees much importance. They should organize motivational programs to boost their performance and ultimately the productivity.
To avoid employees turn over to be taken some motivational program. To be given incentive and performance bonus like quarterly or half yearly or yearly.
avoid if possible the causes of salary delay....................
you just have to take care of your employees, encourage them, motivate them throughout the year, show them that each one is the master of their position, give them incentives, give them gifts...
Engage in more social and team building activities to keep employees motivated.
This can be done by introducing a monthly lie month (new employees work a month before getting salary)
If they work hard and help the company do well, their stock value will go up and they'll make money. we can aslo, offer benefits like health insurance......
we try to motivate our employees to think positively about their jobs, it means salary is not the only factor to push'em leave the company
