Stupid Things in Compensation
Organizations make bad decisions about important compensation challenges for many reasons. Some of these reasons include: a perceived difficulty in making the right decision, a desire to hang on to the status quo, and lack of information. In this presentation we talk about some of the stupid things organizations do, why they do them and most importantly how to correct them. The end goal is zero-tolerance for stupid things in compensation.
Specifically, we talk about:
- Eliminating across-the-board increases and broad based approaches to compensation.
- Eliminating the employee entitlement culture that prevents us from moving forward.
- What to do to instead to have a smart compensation plan.
This presentation will empower you to make positive changes in your organization.
