Insight into the pros and cons of transparency and how a little can go a long way
Key factors in designing incentive plans that are both effective and understandable
Terms like fairness, transparency and internal equity have become buzzwords in employee compensation and engagement. At the same time, variable pay is playing an increasing role on the stage of total rewards. Can these ideas exist in harmony and what does it take to be successful in that balance?
More importantly, when and why should you incorporate these perspectives and how do you design programs that combine maximum performance and effective engagement while balancing immediate and long-term fairness and adherence to your pay philosophy and structure?
