Compensation & Promotion: Compensation as a Motivation Strategy

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Overview

People should be bought into the mission and vision and when the company does well, individuals should do well, even if they’re not in the highest levels of leadership. It’s essential to remember, however, that it’s easy to over-value compensation; do not make the mistake of building a coin-operated culture. Once people’s needs are met, research shows that compensation is not the most important thing to employees as compared to things like purpose and growth. Listen as Dr. Cloud explores the relationship between compensation and motivation.

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