Attract and retain the best employees with creative compensation packages.

 

  1. Compensation packages
    1. The pay plus benefits
    2. Common benefits like healthcare, vacation, retirement, etc.
    3. Creative benefits like flex time, break room snacks, discount programs, work from home, etc.
  2. The traditional approach makes us ordinary
    1. Most companies follow the “keeping up with the Jones” approach
    2. They base their pay rates and benefits on what others do
    3. If that’s all you do you end up competing with everyone else
  3. Elite organizations go beyond the traditional compensation
    1. Studies show top performing companies are often the top paying in their industry
      1. The real performers go beyond traditional pay rates
    2. Get beyond your pay and benefits and find ways to compensate your employees
      1. Flexibility / time off / work from home
      2. Industry training and advancement plans
      3. Wellness programs
    3. The key is to make your employees feel they are part of the organization and they have a future
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