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Raj Verma
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Binding
Paperback
Number of Pages
114
Age Group
All
Language
English
Piracy Free
Secure Transactions
Express Delivery
Eco‑Conscious Packaging
Book Summary
How you compensate people is one of the most important strategic decisions your company will make - but few get it right and out of sight. Nail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization. Do any of these challenges sound familiar? • I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too. • If anyone looked closely at our payroll, it would be hard to rationalize why were paying certain people what we do. • Im tired of losing our best people to the Googles of the world because we cant match their salaries. Compensation is one of your largest expenses, one you can turn it into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them). In this highly practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries. Youll learn: 1. The #1 mistake business leaders make in setting up their compensation plans 2. The psychological aspects of compensation underpinning successful plans 3. How individual bonuses can backfire 4. The power of gamifying gains to drive up energy and engagement 5. Whether you want to be queen/king or rich!
Product Details
Author
Raj Verma
Publisher
Forbes Books
Number of Pages
114
Language
English
ISBN
9781955884181
Reading Age
All
Dimensions
15.2 x 0.61 x 22.86 cm
Binding
Paperback
AED 70.00