Chapter 27Rewarding Your Top Talent
REWARDING TOP TALENT IS, OBVIOUSLY, A CRITICAL ELEMENT OF EVERY ORGANIZATION’S talent management and business strategy. This fact has been made even more apparent in the recent past where the business recession has put a lot of stress on payrolls, salary increases, and other human resources expense and management concerns, such as retention.
While professional sports is not always the best place to look for compensation comparability and logic, given the “entertainment” nature of that business, all one needs to do to understand the importance of rewarding top performers and star power is to look how sports franchises actively manage their staffing ...
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