CALL US NOW AT 847-382-0403
Sign Up for Our Newsletter
magnify
Home 2011 March

“Compensation is an equity issue. People want to know that they are being compensated fairly compared to others doing similar work within the company, and to others doing similar work in other companies. After that, it’s a non-issue.”

It really is that simple, yet we continually find ways to complicate the situation.  For example, let’s say we’ve got two employees, Bob and John.  Bob has been with the company for 20 years, John for only 18 months.  They both do the same work and do it equally well.  In many cases, Bob would

Read More…

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn

“It’s not that our aim is too high and we miss it, but that it’s too low and we reach it.”

Michelangelo offered that advice about 500 years ago, but I think we have to be a little bit careful how we apply it in our businesses. Clearly, setting goals that can be achieved at a walk is a bad idea.  People don’t get much sense of accomplishment when the goal is too easily reached.  On

Read More…

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn