Compensation & Promotion: Reviewing Team Member Compensation


Overview

There are a few things to consider when it comes to reviewing team member compensation. In leadership, you need time to see if someone is able to make the desired contribution, so reviewing every three years or so tends to be wise. The other part is you don’t want to evaluate too often because you don’t want employees who are coin-operated. In this video, Dr. Cloud talks about the importance of staying grounded in reality and appropriate timing when it comes to reviewing team member compensation.

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