5 Compensation Rules for an Uncertain Economy

 

An uncertain economy can complicate pay decisions. Therefore, when the future becomes unpredictable, your rewards offering must be agile. You must have options for HOW and not just HOW MUCH you pay your people.

 

However…

 

This doesn’t mean you should reinvent your compensation offering with every economic change. That would be financially impractical, strategically unpredictable, and could lead to chaos. Instead, you need structured flexibility.

 

Therefore…

 

You should create a pay strategy that is agile but sustainable. 

 

To learn how, join this live, virtual event. 

 

During this broadcast, we will share:

✔️How to use rewards to define and enforce performance standards. 
✔️Why you need a written compensation philosophy and what it should include. 
✔️Why you should start sharing value and stop paying incentives.
✔️How treating compensation like an investment portfolio creates the structured flexibility you need. 
✔️How to build accountability into your pay offering.
✔️How to use compensation to create a unified financial vision for growing your business. 

 

VisionLink has been designing compensation plans for businesses since 1996. We have helped over 1,200 companies build pay strategies that drive growth. We know what works. In this live event, we will share what we’ve learned with you. 

 

 

Ken Gibson
Sr. Vice President, VisionLink

Ken is Senior Vice-President and a principal of VisionLink. He is a frequent speaker and author on rewards strategies and has advised companies for over 30 years regarding executive compensation and benefit issues.