Salary increases in American academic faculty
Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Pay rises are an effective means of retaining employees. However, satisfaction with pay is linked to perceptions of happiness in and comparison with other employees’ pay. A happiness gap that causes an employee to feel deprived or dissatisfied may lead to them looking elsewhere for a new job. It is important to have good communication and a fair distributive process to reduce perceptions of a gap and reduce potential staff turnovers. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.