
Scaling Up Compensation
5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
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Narrado por:
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Verne Harnish
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De:
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Verne Harnish
Acerca de esta escucha
How you compensate people is one of the most important strategic decisions your company will make—but few “get it right and out of sight.” Nail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization.
Do any of these challenges sound familiar?
“I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too.”
“If anyone looked closely at our payroll, it would be hard to rationalize why we're paying certain people what we do.”
“I'm tired of losing our best people to the Googles of the world because we can't match their salaries.”
Compensation is one of your largest expenses, one you can turn into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them). In this highly practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries.
You'll learn:
The #1 mistake business leaders make in setting up their compensation plans
The psychological aspects of compensation underpinning successful plans
How individual bonuses can backfire
The power of gamifying gains to drive up energy and engagement
Whether you want to be queen/king or rich!
©2022 ForbesBooks (P)2023 ForbesBooksLos oyentes también disfrutaron...
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Unfortunately, beyond the average
- De Amin en 09-21-16
De: Verne Harnish, y otros
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The Great Game of Business, Expanded and Updated
- The Only Sensible Way to Run a Company
- De: Jack Stack, Bo Burlingham
- Narrado por: Jack Stack, Stephen Baker
- Duración: 7 h y 7 m
- Versión completa
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General
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Narración:
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Historia
The Great Game of Business started a business revolution by introducing the world to open-book management, a new way of running a business that created unprecedented profit and employee engagement. The revised and updated edition of The Great Game of Business lays out an entirely different way of running a company.
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An update on a clap
- De Richard Bagley en 08-04-15
De: Jack Stack, y otros
Lo que los oyentes dicen sobre Scaling Up Compensation
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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Ejecución
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Historia
- sinclair
- 08-28-24
Diversity of compensation strategies
As a business trying to be globally known its difficult to understand how much to pay versus the value you need provided
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Ejecución
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Historia
- Danica
- 03-25-24
Good read/listen but something’s were missing
The version of my book didn’t completely match the audible version which was a bit disappointing.
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- Amazon Customer
- 02-04-23
clear and concise
plenty of examples to support the concepts and the story flows well throughout the book
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- Amazon Customer
- 06-11-23
clear and concise
I listened to it multiple times, and learned new things every time. well worth it
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