Team Set Salaries Collaborative Tool – Great Resignation Solutions Report Launch
Jan 13, 2022
The US is experiencing what has become known as the Great Resignation. The creators of Percival, a team set salaries tool, have launched a new report analyzing the causes and some possible remedies for this recent phenomenon.
Curitiba, Brazil - January 13, 2022 /PressCable/ —
The company’s most recent piece adds weight to its series of previous reports, which contend that fair and collaborative compensation is missing from many workplaces. It also explains why the team set salaries (TSS) tool Percival.live is a modern solution.
More details can be found at: https://www.percival.live/blog
As the new report explains, Percival’s collaborative compensation platform not only creates salaries that are fair but also that employees will perceive as being fair. The company suggests that this can result in a more satisfied workforce, helping to avert the widespread resignations seen this year.
Also known as the Big Quit, the Great Resignation refers to a recent trend that has seen significant numbers leaving their jobs. According to the US Bureau of Labor Statistics, 4 million Americans resigned from their positions in July 2021, and a further 4.4 million quit in September.
Interestingly, the largest number of voluntary departures came from the 30-45-year-old age group. The author of Percival’s new report states that several things can be inferred from this statistic. Most notably, it suggests that many employees feel exploited, and that dissatisfaction among the workforce has been growing for some time.
In the first instance, the company reports that payment of fair salaries will help to avoid many of these concerns. Given that each industry has its own, unique demands, it also suggests that a collaborative tool such as its own Percival.live can be more versatile.
About Percival
Applying the concept of team set salaries, the Percival.live platform is a next-generation compensation process that allows team members to submit individual performance appraisals. A sophisticated algorithm then apportions the available budget accordingly. The tool includes a straightforward UI, and the company states that a first round of appraisals could be completed in as little as 15 minutes.
A company representative stated: “Percival is the only tool that produces a fair, actionable result with the percentage of the compensation pie that each person deserves, in the team’s collective opinion. The evaluation is made in a collaborative way so results are not only fair but perceived as fair.”
Interested parties can learn more by visiting: https://www.percival.live/blog
Contact Info:
Name: David Whitmarsh
Email: Send Email
Organization: Percival
Address: 333 Rua Carneiro Lobo, Curitiba, Paraná 80240-240, Brazil
Website: https://www.percival.live
Source: PressCable
Release ID: 89059812
More News
The Briefing Room
After mass protests and violence, what will persuade the French to accept economic reform?
Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs
The move is the latest illustration of a company saying it believes it can be more efficient with fewer workers because of artificial intelligence.
Zuckerberg’s Big Deal to Stay in California
The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.
What is PHP and why did it spark a global cyber-security scramble?
AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.
Woman 'scared to turn heating on' due to oil cost
Roslynn Garner-Gatley uses a hot water bottle bed socks and earlier bedtimes to stay warm.
Iowa, Usually Red, Is in Play This Midterm as Economic Woes Mount
The Trump administration’s policies could cost Republicans in a state that is being hit hard by expensive diesel prices and uncertainty over trade.
For Clues About How A.I. Will Change Work, Look to the Past
Economists hope earlier episodes of labor disruption, from the Industrial Revolution to the Great Depression, can help us prepare for the age of artificial intelligence.
Children in care to get £10 a week savings
Eligible people in the care system will be able to access the savings once they turn 18.
Woman 'scared to turn heating on' due to oil cost
Roslynn Garner-Gatley starts using a hot water bottle, bed socks and earlier bedtimes to stay warm.
'I can't afford to heat my home on my pension'
Teresa Goubert says heating is "very expensive" and she was struggling on her pension.
'An £8k service charge left me unable to pay bills'
Housing association Curo defends large increases to leaseholder bills.
Calls to cut employer National Insurance contributions for under-25s
Yorkshire businesses set out what they want from the chancellor ahead of the Budget.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.