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How to Ensure Your Compensation Plan Is on Target

Author: 
Paycor
Publication date:
January 26, 2022
Article Summary: 

The article discusses how to ensure that a company's compensation management program is effective in attracting, retaining, and motivating employees. It provides tips on how to establish clear goals and objectives, how to conduct market research and benchmarking, and how to communicate the compensation strategy to employees. The article also emphasizes the importance of regularly reviewing and updating the program to ensure that it remains competitive and aligned with the company's goals.

Keywords: 

compensation management, employee retention, employee motivation, market research, benchmarking.

Source Citation: 
Paycor
How to Ensure Your Compensation Plan Is on Target
January 26, 2022
https://www.paycor.com/resource-center/articles/how-to-ensure-your-compensation-management-program-is-on-target/
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