Ep 72 - Managing Compensation in Turbulent Times

As economic uncertainty looms, leaders discuss strategies for managing compensation to retain talent. They draw parallels between past crises and today’s challenges, emphasizing the cyclical nature of economic turmoil. Personal experiences from previous downturns highlight the importance of communication and thoughtful decision-making. The critical role of data in ensuring fair compensation practices is spotlighted, along with a focus on equity and transparency, especially for lower earners, to maintain engagement and uphold social responsibility.