Pay and promotion discussions need to be consistent with the development and real career progress.
While pay is a personal matter, criteria for pay increases and promotions should be transparent. Don’t use forced rankings to determine pay or promotion for small groups, assuming each team has high, middle and low performers. Generally, most employees want some form of incentive pay and they want autonomy and influence over their pay. When your employees have high well-being, they perform better, so make financial well-being an organizational responsibility
137
605 reads
CURATED FROM
IDEAS CURATED BY
A must read for leaders, CEOs and Founders.
“
The idea is part of this collection:
Learn more about books with this collection
How to find common interests
How to be a good listener
How to overcome social anxiety
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates