You may be hesitating whether this is the right time for a salary review for your employees. You may find that it is already too late, and your best talent is looking elsewhere. Many ask these three basic questions when it is too late: why run a salary review? When should we do it and how?
There are fixed items on the board’s agenda that you cannot do without, for example agenda items covering continuing obligations emerging from regulatory or listing requirements, besides other fixtures such as quarterly management accounts and new business development.
Most companies start, grow and die in a two-act play. During the first act, the entrepreneurial drive of the founders champions the company’s launch of the business idea and pushes up its growth through a strenuous but engaging period of development.