{"product_id":"scaling-up-compensation-by-verne-harnish-sebastian-ross-1","title":"Scaling Up Compensation by Verne Harnish \u0026 Sebastian Ross","description":"\u003cdiv data-testid=\"description\" class=\"BookPageMetadataSection__description\"\u003e\n\u003cdiv class=\"TruncatedContent\" tabindex=\"-1\"\u003e\n\u003cdiv class=\"TruncatedContent__text TruncatedContent__text--large TruncatedContent__text--expanded\" data-testid=\"contentContainer\" tabindex=\"-1\"\u003e\n\u003cdiv class=\"DetailsLayoutRightParagraph\"\u003e\n\u003cdiv class=\"DetailsLayoutRightParagraph__widthConstrained\"\u003e\n\u003ch2 data-path-to-node=\"1\" style=\"text-align: center;\"\u003eTurn your largest expense into your greatest competitive edge!\u003c\/h2\u003e\n\u003cp data-path-to-node=\"2\"\u003eBrand new but there are some imperfections as shown.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"DetailsLayoutRightParagraph__widthConstrained\"\u003e\u003cspan class=\"Formatted\"\u003eHow you compensate people is one of the most important strategic decisions your company will make - but few \"get it right and out of sight.\" Nail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization. Do any of these challenges sound familiar? \"I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too.\"\"If anyone looked closely at our payroll, it would be hard to rationalize why we're paying certain people what we do.\"\"I'm tired of losing our best people to the Googles of the world because we can't match their salaries.\" Compensation is one of your largest expenses, one you can turn it into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them). In this highly practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries. You'll The #1 mistake business leaders make in setting up their compensation plansThe psychological aspects of compensation underpinning successful plansHow individual bonuses can backfireThe power of gamifying gains to drive up energy and engagementWhether you want to be queen\/king or rich!\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"The Value Junction ","offers":[{"title":"Default Title","offer_id":47324456485076,"sku":"TVJ-013635","price":28.75,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0721\/3059\/2980\/files\/IMG_0655_25ba8039-5d60-4f5a-b0a4-68f4c6f9fc22.jpg?v=1765172742","url":"https:\/\/thevaluejunction.co.nz\/products\/scaling-up-compensation-by-verne-harnish-sebastian-ross-1","provider":"The Value Junction ","version":"1.0","type":"link"}