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Hurconomics for Talent Management: The Creation of a Business-driven HRD Missionary by T. V. Rao

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8

Pay for Performance

Linking Pay Cheque with Purpose

The benefits of linking pay cheques with purpose are aptly summed up by the following quote by Robin Sharma (2003), a well-known expert on leadership and the author of books like The Monk Who Sold His Ferrari:

When you link paycheck with purpose, you connect people to a cause higher than themselves. Your people will start feeling good about what they are doing and when your people feel good about the work they do, they will begin to feel good about themselves as people. That’s when real breakthroughs start to happen.

You must show them that by helping you achieve your future goals, they will also realize their future goals. By integrating what is meaningful to you with what is meaningful ...

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