Verne Harnish – Scaling Up Compensation
Scaling Up Compensation
The way you compensate folks is among the most vital strategic choices your organization will make – however few “get it right and out of sight.” Nail it and you’ll add a whole lot of share factors to the underside line whereas driving up the power within the group. Make the fallacious name (or piecemeal the choice collectively), and the outcomes will create pointless drama all through the group.
Do any of those challenges sound acquainted?
- “I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too.”
- “If anyone looked closely at our payroll, it would be hard to rationalize why we’re paying certain people what we do.”
- “I’m tired of losing our best people to the Googles of the world because we can’t match their salaries.”
Compensation is considered one of your largest bills, one you’ll be able to flip it right into a strategic benefit in attracting, retaining, and motivating expertise (or not by chance demotivating them). On this extremely sensible e book, the authors share 5 ideas for designing efficient compensation programs together with loads of examples from main small, medium, and huge corporations throughout varied industries.
Get instantly obtain Verne Harnish – Scaling Up Compensation
You’ll be taught:
- The #1 mistake enterprise leaders make in establishing their compensation plans
- The psychological facets of compensation underpinning profitable plans
- How particular person bonuses can backfire
- The ability of gamifying positive factors to drive up power and engagement
- Whether or not you need to be queen/king or wealthy!
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