Executive compensation
To stay competitive, organizations need to secure top executive talent, incentivize the right performance and ensure alignment between business goals and talent strategies. Is your organization prepared?
A well-designed compensation strategy is essential for both immediate and long-term organizational success. While compensation is often viewed as a significant expense, this perspective can hinder growth. Instead, employers should recognize compensation as a vital investment in their most valuable asset, their people, in today's competitive global talent market.
Modernizing your compensation strategy involves a broader perspective than just cash and salary. Today's employees are looking for:
We suggest the following 10 tips for compensation professionals to expand their knowledge beyond salary surveys to inform effective compensation programs: