Description
Item specifics
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Condition
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Very GoodA book that does not look new and has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket (if applicable) included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab
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Seller Notes
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Binding
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Paperback
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Weight
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0 lbs
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Product Group
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Book
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IsTextBook
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No
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ISBN
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9781955884181
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Publication Year
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2022
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Format
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Trade Paperback
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Language
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English
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Book Title
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Scaling up Compensation : 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
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Item Height
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0.2 in
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Publisher
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Forbes Books
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Genre
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Business & Economics
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Item Length
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9 in
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Topic
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Human Resources & Personnel Management, Workplace Culture
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Item Width
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6 in
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Number of Pages
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114 Pages
Scaling Up Compensation: 5 Design Principles for Turning Your Largest Expense…
About this product
Product Identifiers
Publisher
Forbes Books
ISBN-10
1955884188
ISBN-13
9781955884181
eBay Product ID (ePID)
4057251808
Product Key Features
Book Title
Scaling up Compensation : 5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
Number of Pages
114 Pages
Language
English
Publication Year
2022
Topic
Human Resources & Personnel Management, Workplace Culture
Genre
Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.2 in
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Trade
LCCN
2022-902336
Reviews
Doing everything differently is a hallmark of great firms – and that includes a company’s approach to compensation. This easy-to-read book is an essential primer in getting you to ask the right questions in designing a compensation plan that is right for your organization. — Shari Conaway, Senior Director, People Department, Southwest Airlines, Scaling Up Compensation is an excellent resource for management and boards working to scale their companies or making changes to their business strategy and ways of working. Verne and Sebastian, through their interrelated 5 Design Principles, masterfully illustrate how to design effective and tailored compensation plans. I fully concur that the end goal of any successful compensation design is to increase the total energy within employees so that they collectively achieve the right results the right way. An insightful, engaging and pragmatic read! — Cynthia Trudell, Retired Executive Vice President and Chief Human Resources Officer, PepsiCo
Dewey Decimal
658.322
Table Of Content
Overview – Five Principles for Effective Compensation Design Be Different: Aligning Compensation with Culture and Strategy Fairness Not Sameness: Creating a Coherent and Flexible Pay Structure Easy on the Carrots: Using Individual Incentives Effectively Gamify Gains: Driving Critical Numbers Through P(l)ay Sharing Is Caring: Getting Employees to Think Like Owners Closing: Get Pay Right and Out of Sight Appendix About the Authors
Synopsis
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!, 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!
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