In the context of salary, “R&R” typically stands for “Retention and Recruitment” or “Recruitment and Retention.” This term refers to a compensation strategy or program designed to attract new employees (recruitment) and retain current employees (retention) by offering competitive salary packages, benefits, and incentives.

Retention and recruitment efforts are crucial for organizations to maintain a skilled and motivated workforce. A well-designed R&R salary program considers factors such as market competitiveness, industry standards, cost of living, employee performance, and the organization’s financial resources.

By offering competitive salaries and benefits, organizations aim to attract top talent during the recruitment process and retain valuable employees over the long term. This helps reduce turnover, maintain continuity in operations, and foster a positive work environment conducive to productivity and growth.