The Compensation Band Paradox
15 min read
members
Workers are producing more. Their purchasing power isn't keeping pace.
Engagement hit record lows in 2024, and younger workers are checking out faster than anyone else.
The quits rate has been frozen at 2.0% for over a year. Workers aren't leaving because they have nowhere better to go.
Long-term unemployment is rising and it's changing who's available when you're hiring.
Most 1-on-1s are status updates dressed up as conversations. You ask how things are going. They say "fine." You ask about their projects. They tell you what you already know from Slack. Thirty minutes later, nothing changed except you both feel like you checked a box.