Creating a cohesive Compensation Philosophy is one of the most important things that the leadership team can do as they work to create the culture of the company. Developing a compensation philosophy is similar to defining your company’s core values; it outlines your beliefs about pay, equity and benefit plans. Just as your core values… Read More
What is Your Compensation Philosophy?
Can you describe your company’s human capital business model? Most business owners struggle with the answer to this question. On the surface, the answer may seem obvious: “Of course I can! We pay fair, market wages and reward superior performance.” Dig a little deeper, however, and you’ll begin to see why there’s never been a… Read More