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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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4

Winning Compensation Strategies for Organizational Sustainability

DOROTHY R. BERGER

Lance A. Berger & Associates, Ltd.

In sports, a winning team can never rest on its laurels and maintain consistent competitiveness. Teams must constantly develop bench strength and emerging players’ skills while assessing the competition and changing rules and conditions within the sport. So it is with winning corporate teams. Relying on past and current success can only guarantee an uncertain future. Corporate giants must stay vigilant to changing business conditions. As with many dynasty teams, top companies of the not-so-distant past are mere shadows or memorials of their old selves in the wake of emerging technologies, improved and innovative products ...

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