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Mark Fritz

A change in salary structures requires well-thought-out decisions. Also, salary is just one part of the new recruit’s decision to join a company or not. It’s important to understand how your roles are positioned with new recruits, so they understand the benefits that go beyond just the salary. If salary levels must change, then focus on how to position this within your budget, often looking at how to implement any changes and stay within this year’s and next year’s budgets, etc.