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The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition by Dorothy Berger, Lance Berger

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3

Aligning Total Compensation Programs with Organization Values and Strategy

THOMAS B. WILSON

Wilson Group

This chapter provides a new way to look at compensation. Although it is always important to know how much you should pay, it is actually more important to know how you should pay. Although there are many approaches and best practices in the marketplace, this chapter will examine how to align total compensation and rewards programs with the strategy and core values of your organization. The principles developed will not tell you how to develop a plan with a particular set of features but rather will show you how to ensure that the plans align with what your organization needs today and in the future. What is most important is that there ...

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