Share this article:

Retention | How to retain talent without a pay rise

How to retain talent without a pay rise
How to retain talent without a pay rise

With the UK unemployment rate at its lowest since 1975, the UK job market continues to be very much candidate-led.

With so many open opportunities on the job market, attracting and retaining talent is more important than ever. While a straightforward salary increase will appeal to some prospective and existing employees, for many it won’t be enough.

So what can you do to avoid missing out, or losing out? Luckily, there’s plenty.

Introduce flexible working

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 4 mins read

ADHD | HR worker was 'set up to fail' after being made to do payroll from a 'cupboard'

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 4 mins read

'Earning, learning' | How Virgin Media O2 is supporting student employees

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 22:08

Podcast | CPO, Logitech: How we embed wellbeing & career mobility to fuel engagement

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Report

The future is payroll: 2026 research report