With rising cost-of-living pressures, inflation, and ongoing salary demands, ensuring your employees feel fairly compensated is crucial. In this episode, Karen Kirton explores how businesses can navigate salary reviews, market benchmarking, and retention strategies when money is tight.

In today’s episode, you will learn:

• Why salary conversations matter – How transparency around pay decisions can improve engagement and retention.
• How to benchmark salaries – Where to find market data and how to balance external rates with internal fairness.
• The role of salary strategy – Why you need a structured pay review process to avoid the “squeaky wheel” effect.
• Alternatives to salary increases – How bonuses, incentives, and benefits can help smaller businesses remain competitive.
• How to handle salary negotiations – Why focusing on culture and long-term career opportunities can help retain staff, even if competitors offer more.

Make sure to subscribe to stay updated with new releases every second Monday!

What’s your pay strategy? We’d love your feedback on this series, just head on over to Amplify HR or connect with Karen on LinkedIn.

Send a text

On Thursday 12 March in Sydney. Join us for a hands-on, in person, interactive workshop is designed to equip business owners and leaders with tpractical tools to build capacity, clarity and control, and a simple 90-day plan you can implement straight away. Register: https://tinyurl.com/AHR26SydEvent