C&B Footing #3: Compensation + Benefits = Total Compensation
An organization's total compensation philosophy represents far more than just the amount of cash it pays to employees, or even the “fringe benefits” that it provides. Instead, an organization's compensation philosophy speaks volumes about what the leaders of that organization value, the results they want to attain, the behavior they want to encourage, and their commitment to their employees.
In many ways, an organization's total compensation philosophy is a clear and direct expression of the organization's mission, vision, and values—even if it is not deliberately intended to act as such. Even the absence of a clearly defined compensation system or philosophy says something—and nothing ...
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