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Managing Talent To Drive Higher Performance | Ep 665
The Game w/ Alex Hormozi
Empowerment through Variable Compensation and Goal Setting
Variable compensation can account for 15% of an individual's total pay, allowing for a significant amount of potential earnings. This system involves setting a 30-day rolling goal, providing employees with autonomy and social pressure to perform. Individuals publicly set their personal goals, and if these goals align with the company's overall objectives, and are quantifiable, then employees have the opportunity to meet or exceed them, contributing to the company's success.
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