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Scaling Up Compensation

1 Presentation 0 Sections

Compensation is one of the largest expenses for any business and if you’re not careful it could be accidentally demotivating your workforce. Fortunately, you can turn this expense into a strategic advantage, attracting, retaining, and motivating talent.

In this session, members will learn the #1 mistake leaders make when setting up their compensation plans, the psychological underpinning of successful plans, how individual bonuses can backfire and how gamifying can drive up energy and engagement. You’ll also walk away with knowledge on how to design an effective compensation system, with examples from small, medium and large firms.

YPO Live: Scaling Up Compensation

Presentation: Verne Harnish, 99 min 58 sec
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