Title
📖 Book: Scaling Up Compensation: 5 Design Principles for Turning Your Largest Expense into a Strategic AdvantageImage
Welcome!
Compensation is one of your largest expenses, one you can turn it into a strategic advantage in attracting, retaining, and motivating talent). In this practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries.
You'll learn:
🌻The #1 mistake business leaders make in setting up their compensation plans
🌻The psychological aspects of compensation underpinning successful plans
🌻How individual bonuses can backfire
🌻The power of gamifying gains to drive up energy and engagement
🌻Whether you want to be queen/king or rich!Let's get started!
Apply your knowledge!
🌻 After reading this book, share the key lessons you learned with someone – team member or peer – and see what they think!
🌻 Set a goal to apply one thing you learned.
✨ To get the most out of reading books, on a notebook, sticky notes, or note-taking software, follow these steps:
Take note of the ideas that inspire you while you read the book.
Revisit and revise your notes when you finish the book.
Organize your notes in different categories or themes.
Help Text Formula
To access the book summary on getAbstract.com, login with your email address and use learningisawesome as your password.
Having trouble accessing this resource? Contact us at library@bloom.pm for your personalized login!