My husband’s company just told him that he got a raise but it won’t be effective until March. Is this a retention approach? I usually only hear something more similar like retention bonus which means you get a bonus payment (you can find out more from about cash bonuses) if you stay til certain date… but I’ve never really experienced a delayed raise.
Companies are definitely seeing a great turnover and trying their best to retain their employees. Do you think retention incentives are effective if you’re already thinking about leaving?