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5 Keys to a Compensation Package that Attracts, Retains, and Motivates Top Talent with Jen L'Estrange

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Manage episode 434071542 series 1011006
内容由Mark Moses and Steve Sanduski提供。所有播客内容(包括剧集、图形和播客描述)均由 Mark Moses and Steve Sanduski 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Guest: Jen L'Estrange, Founder & CEO of Red Clover, which offers large-scale, strategic and operational Human Resources support that’s accessible to small businesses.

Overview: When it comes to comp, money is rarely enough -- especially for top talent. The best workers need to feel like their efforts are not just rewarded but recognized as integral contributions towards Making BIG Happen. Your compensation package has to tie all of these motivations together in a way that's clear, equitable, and integral to the company's top goals.

On today's show, Jen L'Estrange shares five key insights on upgrading your compensation package:

1. Increase focus on variable compensation.

2. Communicate clearly about how compensation is structured.

3. Incentivize both short-term performance and long-term strategic objectives.

4. Provide non-monetary motivation for team members.

5. Benchmark salaries against market data rather than relying solely on cost of living adjustments.

  continue reading

240集单集

Artwork
icon分享
 
Manage episode 434071542 series 1011006
内容由Mark Moses and Steve Sanduski提供。所有播客内容(包括剧集、图形和播客描述)均由 Mark Moses and Steve Sanduski 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Guest: Jen L'Estrange, Founder & CEO of Red Clover, which offers large-scale, strategic and operational Human Resources support that’s accessible to small businesses.

Overview: When it comes to comp, money is rarely enough -- especially for top talent. The best workers need to feel like their efforts are not just rewarded but recognized as integral contributions towards Making BIG Happen. Your compensation package has to tie all of these motivations together in a way that's clear, equitable, and integral to the company's top goals.

On today's show, Jen L'Estrange shares five key insights on upgrading your compensation package:

1. Increase focus on variable compensation.

2. Communicate clearly about how compensation is structured.

3. Incentivize both short-term performance and long-term strategic objectives.

4. Provide non-monetary motivation for team members.

5. Benchmark salaries against market data rather than relying solely on cost of living adjustments.

  continue reading

240集单集

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