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While performance management practices have changed, compensation processes remain largely the same. Shifting from a one-size-fits-all to a tailored approach will help support a VUCA environment and reach desired outcomes. This blueprint will help you:

  • Evaluate the current pay for performance approach.
  • Determine objectives for base pay increases and bonuses.
  • Design a base pay increase and bonus approach.
  • Develop an implementation plan.

Redefine the objectives of base pay increases and bonuses to align with the organization.

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