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What this book knows
Compensation design is the employer's most powerful lever for shaping worker incentives, retention, and talent outcomes.
work-as-meaning
Compensation is the most powerful tool at a firm's disposal for creating and shaping worker incentives.
PA_STRATEGICCOMPENSATIONTALENT-RC-017Think of your employees' compensation in real terms — your workers care most about real compensation because that determines how much stuff they can buy.
PA_STRATEGICCOMPENSATIONTALENT-RC-041ambition-and-status
Market competition largely dictates the level of compensation packages you must pay, whereas you have more control over the design of the compensation system.
PA_STRATEGICCOMPENSATIONTALENT-RC-018obedience-and-authority
The job that carries the risk of wage theft must pay a risk premium to attract any applicants.
PA_STRATEGICCOMPENSATIONTALENT-RC-047Higher performance thresholds were implemented for certain bonuses — employees alleged this breached their employment agreements.
PA_STRATEGICCOMPENSATIONTALENT-RC-043Rather than firing undesired workers, it is preferable to create conditions under which they find it attractive to voluntarily quit.
PA_STRATEGICCOMPENSATIONTALENT-RC-099Illuminates
6 published passages · book excerpt · research analysis
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