Reply To: Can salary keep pace?

#474
Jennifer
Participant
    @jentraver

    Our approach has been two-fold. First, we gave COLA’s that were a little higher than normal (but still no where near inflation). We are trying to figure out a way to potentially do quarterly COLA bonuses as funding allows, however that will be difficult. One of our other struggles is attracting new talent, while retaining existing employees. The majority of our staff have masters or doctorates – which make it extremely difficult to compete with for-profit businesses, especially when a large portion of our programs are grant funded (and grant funding has not increased).

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