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Comp + Coffee
Ep 46 - How To Measure Compensation
Feb 10, 2020
Exploring the strategic importance of compensation in hiring and retention, aligning tasks with business goals, aligning personal and organizational goals for job performance improvement, and aligning job performance with business goals. The podcast discusses challenges in measuring compensation effectiveness, demonstrating its value, and the critical role of customer satisfaction and employee engagement in organizational success.
27:34
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Quick takeaways
- Compensation should be measured strategically to demonstrate value beyond traditional methods.
- There is a disconnect between individual performance measurements and organizational key success factors, impacting professional growth and business goals.
Deep dives
Key Findings from the Compensation Measurement Survey
The podcast episode explored the results of a survey conducted with 500 HR professionals in North America. The focus was on measuring compensation strategically and demonstrating its value beyond traditional methods. Emphasizing the strategic importance of compensation decisions, the podcast discussed the challenges in measuring the impact of compensation on employee retention and hiring decisions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode