July 2015
Intermediate to advanced
864 pages
21h 17m
English
book
The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition
by Lance Berger, Dorothy Berger
Content preview from The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition
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Strengthening the Link between Compensation and Return on Investment
MEL STARK
Hay Group, Inc.
MARK ROYAL
Hay Group, Inc.
From an employer perspective, there will always be a need to link rewards with return on investment (ROI). This perspective comes from the recognition that an organization must appropriately use its rewards funds to drive behavior, help to engage and motivate employees, and ensure that it is doing all that is possible to attract and retain the necessary talent for business success. In this regard, let’s be clear that not all companies or all functions within any one company will require “only the very best talent.” Some simply cannot afford it as a cost of doing business, whereas others will approach their people strategy ...
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