
Designing your compensation system? How to Ensure Success in Today’s Competitive Marketplace
Although there are many factors that are considered when determining the correct HR strategy of an organization, today’s compensation system is a critical component to maintaining or increasing market competitiveness and ensuring an organization’s success. It should support your organization’s ability to recruit and retain the right talent required for success by linking pay and rewards to company goals. The first step in designing a successful compensation system is to full