Three-minute explainer on… salary springboarding

There is a growing trend of employees taking pay rises and progression into their own hands. Businesses should beware of both losing top talent and being exploited

Tme Springboard

The cost-of-living crisis shows little sign of letting up, so how much people are paid really matters. Someone’s salary not only has a direct impact on the quality of life they are able to afford outside of work, but, as with their job title, plays a key role in shaping their perception of their own value within a company. 

Of course, pay rises are a touchy subject right now. The macroeconomic challenges affecting employees are affecting their employers, too

What is salary springboarding?