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Arlington Resources provides insights on hiring for culture fit and culture add!

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Dear Reader ,

Welcome to the Arlington Resources Newsletter! In this edition, we will be discussing hiring for culture fit and culture add, what to do when your employee asks for a raise, and raising salaries to remain competitive.

Sincerely,

Nina Salgado
jsineni@arlingtonresources.com

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Are You Hiring for Culture Fit or Culture Add?

It’s still a struggle to find qualified candidates. We’ve talked about refining your long-standing hiring habits to improve finding qualified and quality candidates to fill your open positions. One area that seems to be getting a bit of airtime is “culture fit.” Oftentimes, we look for candidates that “fit the mold” of current employees – you know – finding candidates whose working preferences and values match the company. What may be happening inadvertently is an unconscious bias when you hire for culture fit. Some experts agree that you might want to consider hiring for “culture add” to not only widen your candidate pool but also improve the creativity, diversity, and thought-provoking dialogs in your department and organization.

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What to Do When Your Employee Asks for a Raise

There will be times when one of your employees asks for a raise. Preparing for these conversations helps them be efficient and productive.

Properly handling your employee’s request for a raise positively impacts engagement and retention. This benefits your bottom line. Find out what to do when your employee asks for a raise.

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If You’re Not Planning on Raising Salaries to Remain Competitive, You Need to Be

The latest Salary Budget Planning Report by Willis Towers Watson shows employers plan to increase their salary budgets by 4.6% in 2023. The main reasons include inflationary pressures (77%) and the tight labor market (68%). Due to increasing economic challenges, 21% of respondents who are increasing their salary budgets plan to fund them by offering the compensation plans and benefits their employees value most. Seventeen percent are increasing prices. Twelve percent will restructure and reduce staff. Find out why you should be planning to raise salaries to remain competitive in 2023.

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