5 Keys to a Compensation Package that Attracts, Retains, and Motivates Top Talent with Jen L'Estrange

CEO Coaching International Podcast

Mark Moses and Steve Sanduski द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Mark Moses and Steve Sanduski या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

1M ago 45:50

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Guest: Jen L'Estrange, Founder & CEO of Red Clover, which offers large-scale, strategic and operational Human Resources support that’s accessible to small businesses.

Overview: When it comes to comp, money is rarely enough -- especially for top talent. The best workers need to feel like their efforts are not just rewarded but recognized as integral contributions towards Making BIG Happen. Your compensation package has to tie all of these motivations together in a way that's clear, equitable, and integral to the company's top goals.

On today's show, Jen L'Estrange shares five key insights on upgrading your compensation package:

1. Increase focus on variable compensation.

2. Communicate clearly about how compensation is structured.

3. Incentivize both short-term performance and long-term strategic objectives.

4. Provide non-monetary motivation for team members.

5. Benchmark salaries against market data rather than relying solely on cost of living adjustments.

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