 |
Even though compensation is important, don’t underestimate the power of positive recognition.
|
117 |
 |
…the addition of bonuses and raises does not necessarily motivate a change in behavior, nor does it necessarily convince people that the downside of failure will go unpunished by the system.
|
111 |
 |
Change is often held in place solely by a guiding team, a central player in such a team… a compensation system, an organizational structure, initial enthusiasm… or even less.
|
164 |
 |
While overall compensation is still extremely important to nearly half of younger employees, it is less important than opportunities to learn and advance, the quality of their manager, and having interesting work.
|
40 |
 |
…politicking and lobbying for higher pay and status imposes an inefficiency tax on organizations.
|
87 |
 |
…a competitor needs to pay an employee over 20% more to get them to switch jobs if that employee is engaged. If an employee is disengaged, they will leave for almost any increase in salary.
|
87 |
 |
It’s best to have a coach who is well insulated from your compensation and career decisions.
|
278 |
 |
…when goals are used and abused to set compensation, employees can be counted on to sandbag.
|
181 |
 |
Leaders in most organizations not only get paid more than others, they also enjoy constant deference and false flattery.
|
72 |
 |
Many people are stuck in vile workplaces for financial reasons – they have no escape route to another job, at least to one that pays as well.
|
127 |
