When companies start to work on their compensation plans, they often do so with spreadsheets and formulas, far removed from either the people impacted by compensation or the organizational objectives. Modern compensation brings people front and center in the pay business, creating a win/win situation between organizations and individuals.
Here are a few key points Tim shared:
- How to use modern compensation practices to engage, motivate and reward top people.
- How compensation can be a team sport, communicated transparently across the organization.
- Why compensation should be a win/win, not a battle, between employee and employer.
Missed the show? You can listen to the #WorkTrends podcast on our BlogTalk Radio channel here: http://bit.ly/2afsbcO
You can also check out the highlights of the conversation from our Storify here:
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