Gudie to Talent Insurance Policies.
An average company’s biggest expense—and biggest differentiator, is its talent. Up to 70 percent of business expense is on people: hiring, salary, and benefits.
“Talent Insurance Policies” more accurately find and incentivise top performers with differentiated compensation. Over 80 percent of companies around the world are offering variable pay programs—or performance-based awards that must be re-earned each year.
This whitepaper explores the genesis of differentiated compensation and outlines how to create strategy, process and supporting technology infrastructure to move from “good enough” compensation management to a program that aligns employee compensation to company business goals.