As we have moved into a Talent Economy, defined as a world in which the talent of individuals becomes the key differentiator between organizations and the primary source of competitive advantage in business, the compensation of those individuals has become a critical strategic issue.
But even as the topic of compensation has become more important, it has also become more complex. Even were we not facing the prospect of a long-term volatile economy, compensation today has to be about more than a regular pay raise. Health benefits, work-life balance initiatives, professional recognition and growth and development opportunities are all part of a winning Total Compensation Strategy. The learning tracks in this topic look at these issues in depth.