Thank you for doing this, Jamie and crew. Super interesting, and very practical! And, of course, of use to a much wider audience than only animal-focussed orgs.
One surprising finding from this is that higher salaries seem to be under-powered in terms of attracting and retaining talent. Do you have any comments on this? (NB I haven’t drilled down into the detail, am just looking at your summary chart...) Cheers!
More widely, do you or anyone else know of any systematic studies on the extent to which salary levels matter for recruiting and retaining top talent, in general? Maybe it’s one of those things where a naive market model doesn’t actually reflect how people behave in the real world. I certainly dimly remember reading that people care much more about internal fairness and their salary relative to their peers, rather than the absolute amount.
Thanks very much! The seemingly low importance of salary to recruitment and retention was one of my main updates from tbis project. I don’t have a lot to add beyond that and what’s in the post (If you’re interested, I’d encourage reading the summaries of the relevant studies on the spreadsheet and maybe reading the full studies.)
Thank you for doing this, Jamie and crew. Super interesting, and very practical! And, of course, of use to a much wider audience than only animal-focussed orgs.
One surprising finding from this is that higher salaries seem to be under-powered in terms of attracting and retaining talent. Do you have any comments on this? (NB I haven’t drilled down into the detail, am just looking at your summary chart...) Cheers!
More widely, do you or anyone else know of any systematic studies on the extent to which salary levels matter for recruiting and retaining top talent, in general? Maybe it’s one of those things where a naive market model doesn’t actually reflect how people behave in the real world. I certainly dimly remember reading that people care much more about internal fairness and their salary relative to their peers, rather than the absolute amount.
Thanks very much! The seemingly low importance of salary to recruitment and retention was one of my main updates from tbis project. I don’t have a lot to add beyond that and what’s in the post (If you’re interested, I’d encourage reading the summaries of the relevant studies on the spreadsheet and maybe reading the full studies.)