7 Questions to Ask for a Successful Compensation Strategy
Here are the things to think through when you are building a compensation strategy.
- What Is Your Compensation Philosophy? Start with your compensation philosophy. Identify the principles and practices your organization uses to make compensation decisions:
- Do you generally make offers at the midpoint of the market rate for that role, or is it usually higher or lower? Why?
- What are the important considerations for how
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Author: Kent Plunkett | Source: How To Hone Your Compensation Strategy | Subject: Human Resources Questions