Attract Talent and Encourage Retention with a Strategic Compensation Plan

2021-08-27T09:35:41-04:00

How can an organization create a compensation plan that will allow it to attract, retain, and motivate the talent necessary to carry out its mission?  Employee compensation is a significant portion of any business’s operating expense, but an effectively constructed compensation strategy can do just that. Many organizations may not realize the value of a good compensation plan or the impact it can have on performance. It’s not uncommon to think of compensation simply as a line-item expense and not as a strategic opportunity. With unemployment hovering around 4%, not-for-profit organizations need to think creatively about developing a compensation strategy [...]

Attract Talent and Encourage Retention with a Strategic Compensation Plan2021-08-27T09:35:41-04:00
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