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I Want Help with a MembershipRetain Talent by Mastering the Compensation Discussion
Mother always said: don't talk about religion, politics, or how much you make. Let's prove Mom wrong.
Your Challenge
- Direct reports will ask their manager about their compensation.
- Managers will fail at these discussions if they don’t have all the information they need to satisfy their direct reports.
- Failing at these discussions leads to confusion, rumors, anger and escalating employees to flight-risk status.
Our Advice
Critical Insight- Every discussion about compensation must have the correct level of formality, transparency and consistency.
- Including these elements makes every discussion about compensation successful and builds trust between the employee and the organization through their manager.
- Without formality, transparency and consistency compensation will become a misunderstood point of contention for all within your organization.
- Refocus and retain your direct reports by balancing their perspective of your organization’s compensation policy.
Get to Action
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Create a balanced perspective of compensation
Refocus and retain direct reports.
Related Content
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Download NowMother always said: don't talk about religion, politics, or how much you make. Let's prove Mom wrong.
Solution Road Map
Other Solution Sets in Compensation Planning
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Craft a Compensation PlanLay the groundwork for compensation that is competitive, cost-effective, and brand-aligned.
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Develop a Base Pay StructureEstablish salary ranges that factor in job worth, geography, and hazardousness.
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Create a Variable Compensation PlanGuide the design and administration of variable compensation programs with a comprehensive variable compensation plan.
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Build an Executive Compensation ProgramCreate an executive compensation structure that is tied to performance, not one that rewards gaming and good fortune.
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Use Vacation to Attract Top TalentGo beyond salary, use vacation as part of your value proposition to attract and retain top talent.
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Retain Talent by Mastering the Compensation DiscussionMother always said: don't talk about religion, politics, or how much you make. Let's prove Mom wrong.