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The Exclusive Magazine for the Building Service Contracting Industry Since 1981

Compensation Mistakes That Cost

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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