Compensation as the Foundation to a Talent Management Strategy

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Compensation as the Foundation to a Talent Management Strategy

Whitepaper

Details

Author

by Jason Corsello, Business & IT Services Director, Yankee Group

Summary

Performance-driven compensation is transforming the way organizations align individual, group and company goals to determine business outcomes.

Compensation is the cornerstone of an effective talent management strategy. The ability to enable consistent, reliable and standardized compensation processes that are linked to key performance drivers of individual and organizational strategies can affect many facets of the business.

Some of these facets include:

Improved employee morale and retention

Increased employee engagement and productivity

Strengthened governance and compliance with company and regulatory issues

Download Compensation as the Foundation to a Talent Management Strategy