SCALING UP COMPENSATION

u003cpu003eu003cbu003eHow you compensate people is one of the most important strategic decisions your company will make - but few "get it right and out of sight."u003c/bu003eu003c/pu003e u003cpu003eNail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization.u003c/pu003e u003cpu003eDo any of these challenges sound familiar?u003c/pu003e u003culu003e u003cliu003e"I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too."u003c/liu003e u003cliu003e"If anyone looked closely at our payroll, it would be hard to rationalize why we're paying certain people what we do."u003c/liu003e u003cliu003e"I'm tired of losing our best people to the Googles of the world because we can't match their salaries."u003c/liu003e u003c/ulu003e u003cpu003eCompensation 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.u003c/pu003e u003cpu003eYou'll learn:u003c/pu003e u003culu003e u003cliu003eThe #1 mistake business leaders make in setting up their compensation plansu003c/liu003e u003cliu003eThe psychological aspects of compensation underpinning successful plansu003c/liu003e u003cliu003eHow individual bonuses can backfireu003c/liu003e u003cliu003eThe power of gamifying gains to drive up energy and engagementu003c/liu003e u003cliu003eWhether you want to be queen/king or rich!u003c/liu003e u003c/ulu003e