When it comes to wooing quality talent in a competitive market, we all know money talks. When people change jobs, most will want or expect a pay increase compared to their previous job – and a hefty hike can act as a powerful lure.
This is borne out by Hudson research, which has revealed that the number one ‘must have’ in a new role for job seekers is ‘the right salary’ . But what exactly is the ‘right’ salary for a role as opposed to a ‘good’ salary, and how do you determine this?