Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
Scaling Up Compensation - 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage - cover

Scaling Up Compensation - 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage

Verne Harnish, Sebastían Rosas

Publisher: Forbes Books

  • 0
  • 0
  • 0

Summary

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 it 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: 1. The #1 mistake business leaders make in setting up their compensation plans 2. The psychological aspects of compensation underpinning successful plans 3. How individual bonuses can backfire 4. The power of gamifying gains to drive up energy and engagement 5. Whether you want to be queen/king or rich!
Available since: 04/12/2022.
Print length: 114 pages.

Other books that might interest you

  • Fearless Success - Beyond High Performance - cover

    Fearless Success - Beyond High...

    John Foley

    • 0
    • 0
    • 0
    AMAZON BESTSELLER IN BUSINESS AND ORGANIZATIONAL LEARNING
    Are you ready to take your individual and team performance to the highest level? It's time to get in the right mindset and enter the High Performance Zone!
    
    The quest for perfection is not only possible--it's actually our natural state, says author and former Blue Angel pilot, John Foley. Imagine what the same preparation and mindset that allowed him to fly in formation mere inches apart from another jet can do for you, your teams, and any organization. In Fearless Success, John Foley gives us the secrets that elite performers know and practice on a daily basis.
    
    How do you get from your current state to your future state? Going beyond high performance requires combining operational excellence with a proactive/positive mindset. The underlying ''Glad To Be Here'' ethos is at the core of everything Foley teaches. With this foundation in place, any individual or team looking to achieve greatness can easily understand and implement the author's tools and processes. Filled with lessons from his days as a Blue Angel and a leadership expert empowering over 1,000 companies, this book includes proven blueprints on how to--
    Lead through change
    Build high performance teams
    Elevate belief levels
    Execute with high trust
    Unite a commitment culture
    Fearless Success will change your outlook on business and life. Up we go!
    Show book
  • Richest Man in Babylon: Modern Language Edition - cover

    Richest Man in Babylon: Modern...

    Luke Wilson, Geroge S. Clason

    • 0
    • 0
    • 0
    The Most Useful Personal Finance Book Ever Written—Updated for the Modern World 
    Are You Ready to Learn the Secrets that Can Transform Poverty into Prosperity? 
    The Richest Man in Babylon is the most important and valuable personal finance book ever written. This book profoundly influenced successful entrepreneurs like Tony Robbins, Dave Ramsey, Suze Orman, and thousands of others. 
    George S. Clason wrote the original version of The Richest Man in Babylon in 1926, and it has been in print ever since. 
    Unlike other personal finance books that have dated tactical advice, this book teaches you the core principles that can make you rich. These principles are universal and can work no matter where in the world you live. They worked almost 100 years ago, and they still work today. 
    Clason uses a set of parables set in ancient Babylon to teach these timeless lessons about wealth and climbing out of debt. 
    This edition was created for you. While the stories and the lessons are still the same as in the original 1926 book, the language, grammar, and terminology have been updated to make sense to a 21st-century reader. 
    Inside this book, you will discover:How to escape from overwhelming debtHow to think about moneyHow to build wealthHow to go from being broke to being richAnd Much More 
    If you want to learn how to become rich, no matter how little you currently make, you need this book. 
    What are you waiting for? Get Your Copy of The Richest Man in Babylon Right Now!
    Show book
  • Called to Cultivate - A Gospel Vision for Women and Work - cover

    Called to Cultivate - A Gospel...

    Chelsea Patterson Sobolik

    • 0
    • 0
    • 0
    Grasping the dignity and significance of women and work.Women are an integral part in God’s call to work—to create and advance God’s kingdom. But work looks different for each one of us. Whether in the home, with children, or in a professional environment—or some combination of all of these—women are cultivating a world of beauty, truth, and hope. But it’s not easy. We have doubts and dreams … questions and concerns. Chelsea Patterson Sobolik provides a robust theological foundation as she engages with our most pressing questions:How do I glorify the Lord with my work?How do I balance work and life?Is it wrong for me to pursue my career ambitions?What does it mean to be a Christian in the workplace?How do I respectfully stand up for myself at work?How do I discern my calling? 
    Work, whether it’s professional or in other avenues of society, is an act of cultivation that involves developing something or someone to be better. Even if you don’t receive a paycheck, you’re still working. Caring for children and homes, volunteering in our communities, leading a Bible study, or caring for aging parents is God-given work.Chelsea faithfully engages with our questions and provides practical rhythms that women can incorporate into their lives to flourish in their work.
    Show book
  • Reverse Innovation - Create Far From Home Win Everywhere - cover

    Reverse Innovation - Create Far...

    Vijay Govindarajan, Chris...

    • 0
    • 0
    • 0
    Innovation is no longer the exclusive domain of the Silicon Valley elite. Reverse Innovation will open your eyes to the fact that the dynamics of global innovation are changing—and if you want your firm to survive, you'd better pay attention. The gap between rich nations and emerging economies is closing. No longer will innovations travel the globe in only one direction, from developed to developing nations. They will also flow in reverse. 
     
     
     
    Authors Vijay Govindarajan and Chris Trimble of the Tuck School of Business at Dartmouth explain where, when, and why reverse innovation is on the rise and why the implications are so profound. Learn how to make innovation in emerging markets happen and how such innovations can unlock even greater opportunity throughout the world. You'll follow some of the world's leading companies (including GE, Deere & Company, P&G, and PepsiCo) through stories that illustrate exactly what works and what doesn't. 
     
     
     
    If you're in a Western economy, you need to accept that the future lies far from home. But the idea is not just for Western audiences. If innovation is at the heart of your company or your career, no matter where you practice business, reverse innovation is a phenomenon you need to understand. This book will help you do that.
    Show book
  • Social Media Tactics Bundle 2 in 1 Bundle - cover

    Social Media Tactics Bundle 2 in...

    Lindsey Hemming, Marvin Rufus

    • 0
    • 0
    • 0
    Social Media Tactics Bundle, 2 in 1 Bundle: The Social Media Sales Revolution and Social Media Marketing TipsYou can use social media sites as a way to market your business, services or products. Using social media allows the business owner to interact on a more personal level with his or her audience and create a ripple through the internet. One simple video can turn into a plethora of traffic. Social media marketing can be a very daunting task, especially if you are new to the process. Knowing what to do and not to do is the key to your success in this area. A lot of marketers have all sorts of wrong ideas about social media marketing. Some think that you only need to post "viral content" to get tons of traffic overnight. There is an assumption that social traffic, regardless of which platform it comes from and regardless of how you qualify that traffic, converts to sales readily. Sadly, none of these assumptions are true. In fact, all of them are tragically mistaken.In this bundle, you will learn the social media marketing strategies that truly work and will actually get money to your bank account. You will learn what actually works and those that don’t so you don’t waste time, money and resources. It will teach you useful tips that will help you to maximize your return on your social media marketing campaign. It will teach you how to come up with a marketing plan that you can work from to make the social sites on the internet your new marketing domain.This 2 in 1 bundle includes the following audiobooks:1. The Social Media Sales Revolution:  The Ultimate Guide on Social Media Marketing. Discover How Social Media Campaigns Can Translate to More Sales for Your Business2. Social Media Marketing Tips: Get All the Proven Social Media Marketing Strategies that are Guaranteed to Turn Traffic into Hard Cash in Your Bank Account!If you want to learn more, download your copy of Social Media Tactics 2 in 1 Bundle today!
    Show book
  • Asset Operations - The Future of Maintenance Reliability and Operations - cover

    Asset Operations - The Future of...

    Ryan Chan

    • 0
    • 1
    • 0
    In today’s world, the majority of asset-intensive organizations are still stuck with complex, rigid, and sometimes antiquated technology solutions that simply cannot step up to evolving challenges and an ever-changing market. Why do the world’s most important industries—ones that billions of people rely on for essential human needs—operate with approaches that run the risk of making them extremely inefficient and brittle? 
    What if it didn’t have to be that way? 
    Imagine a world where companies can move successfully into the future, where these brittle solutions are replaced with a flexible, simple approach that also delivers enterprise-grade capabilities. This book introduces asset operations management (AOM), an operating principle founded on the belief that asset-intensive organizations have much to gain by adopting new approaches to data, collaboration, and communication—all supported by modern, consumer-grade technology experiences. 
    The best-of-breed organizations in asset-intensive industries have been changing the way their businesses run for years, and they’re reaping the rewards. The rest of the pack is struggling to keep up in the new paradigm—one where asset operations is central to operating efficiency and organizational resilience. 
    ***All proceeds from this book are donated to fund industry association memberships and certifications for Maintenance and Reliability professionals to help up-level their careers and thus our industries as a whole.***
    Show book