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Monday, 09 January 2012 15:27

Compensation Mistakes That Cost

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Compensation is an investment, and, as such, should offer a return. ROC (return on compensation) may be difficult to measure, but prioritizing your investments in talent will bear more fruit in the long run than taking a blanket approach to compensation. This article advocates taking a tailored approach to employee compensation, including developing an ROC matrix for each employee that forms the basis of the unique approach for his or her compensation.

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Read 7626 times Last modified on Wednesday, 06 April 2016 12:33
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Lisa Kopochinski is an accomplished writer and editor with more than 20 years of journalistic experience. Her background includes working as a news anchor and reporter in television, radio and print. She has been in association trade publishing since 1987 and has written articles and edited numerous magazines, directories and newsletters for approximately 100 associations and industries across both Canada and the U.S.

www.mediaedge.ca

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