Scaling Up Compensation: 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
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Scaling Up Compensation: 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
Compensation is one of your largest expenses, one you can turn it into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them).
In this highly practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries.
You'll learn: 1.
The #1 mistake business leaders make in setting up their compensation plans 2.
The psychological aspects of compensation underpinning successful plans 3.
How individual bonuses can backfire 4.
The power of gamifying gains to drive up energy and engagement 5.
Whether you want to be queen/king or rich!
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