S4E22: Bringing Clarity and Clear Communication to Compensation

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In this episode:

• Rewarding Compensation is all about:
• First, fair and equitable total compensation plans provide peace of mind and a sense of satisfaction that an individual’s personal, and family financial needs are met.
• Second, rewarding compensation practices remind employees that they are respected and valued.
• And third, compensation is not a primary motivator in sustaining employee engagement, but getting it right is important. It may not be the reason an employee stays with your organization, but it may be a reason they choose to leave.
• What could you do to bring about a positive perspective about fair compensation among your employees?
• Research is key to developing a positive perspective about fair compensation.
• What's a good approach to compensation when it comes to salary increases?
• Rewarding compensation is only the fruit of a larger root. The root is Inspirational Leadership and a Sustainable Strategy.
• Beware of feelings over facts when having conversations about compensation.

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