EP 166 How to Pay to Retain High Performers
Welcome
Frustration that comes from holding on to a big vision and feeling like if you want something done right – or done at all you just have to do it yourself – have you ever asked yourself – why do I even have a team?
Many of my clients have been where you are……
In the right place – follow through accountability –
A lot relies on hiring and retaining high performers,My name is Kirsten Ross, author, HR Pro and CEO of Focus Forward Coaching where we help leaders who want to make a bigger, bolder impact
I’m going to share…….some compensation basics
Why you want to retain high performers
Pay can be a de-motivator but is not the most powerful motivator
More than one kind of pay
Hourly or annual salary rate – want it to be fair and close to pay external and internal – FAIRNESS big focus
Total Compensation – many don’t communicate it as a total and miss the opportunity to gain the full benefit – get employees thinking about total
These are Extrinsic Rewards
Intrinsic Rewards =- More important
Purpose
Opportunity
Feel a part
Positive environment –
People will leave for less money
If you’re ready to take action I have few spots left in my calendar this week for a free 30 minute leadership breakthrough consultation GO TO DefeatTheDrama.com/Call to claim yours now.
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defeat team drama 4X productivity, And improve their bottom line with simple, actionable strategies, systems and mindset shifts.
