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Blog Tag: compensation

Are Your Benefits Leading the Pack?
When you’re in a tight race, it can be a good idea to look around to see how you’re doing. Finding out that you’re leading the pack might provide the encouragement needed to maintain pace and keep a good lead. Discovering that you’re falling behind could also motivate you to work harder and close the gap. Whether you’re running a race or running a business, knowing where you stand against your competitors can be critical to success.

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Compensation is one of the most important (and sometimes most controversial) human capital efforts of any company. Your compensation strategy will have a large impact on the bottom line, but a smart one can bring a huge return on investment. A strong approach to compensation will prove its worth by bringing you great employees and incentivizing the ones you have to perform at their best.

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