“If your organization’s having a retention problem, I would suggest that they would first consider whether there’s underlying issues that are causing that problem before they jump right to the retention bonus. Because ultimately, if the underlying issues aren’t resolved, then the organization is going to continue to experience turnover.”
So says Maggie Hughes, associate at Сox and Palmer in Charlottetown, when asked about whether or not stay-or-pay clauses are a good idea for employers to contemplate in today’s tough jobs marketplace.
