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Managing Talent Retention: An ROI Approach by Lisa Edwards, Jack J. Phillips

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CHAPTER NINE
Create Equitable Pay and Performance Processes
In this chapter we review the critical issue of pay and recognition for top talent. We explore what top talent needs in terms of pay and benefits, as well as their need for recognition and rewards. The essentials necessary to effectively manage job performance are also covered.
Table 9.1 presents the four categories associated with pay and performance for top talent as well as the needs in for category and the related possible solutions.

PAY

Almost no one feels paid adequately, yet most employers think that they do indeed pay their employees fairly. Compensation is most crucial for critical talent pools who can be easily lured away with attractive compensation packages. Unwanted ...

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