Bob MacDonald on Business

Sage Advice for Superior Business Management

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Entries Tagged as 'Corporate compensation plans'

Pay is no Pal to Performance in Most Employee Pay Plans. And Look Who’s Being Short-Changed.

December 3rd, 2012 · 1 Comment · Building Better Business Managers, Business Management, Improving Your Business Leadership

Business compensation plans rarely perform in the way intended to encourage the payee to perform. It’s time for reform. Most corporate pay plans are to effective compensation policy what the Federal tax code is to effective tax policy. Which is to say, they are needlessly bloated, convoluted, confusing, inequitable and highly inefficient. What was once [...]

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