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Content provided by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Episode 111: Unraveling Compensation Practices – A Conversation with Mike Strout
Manage episode 362453329 series 3266182
Content provided by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this week’s episode, our guest, Mike Strout, gives his unique and surprising thoughts on compensation practices. He shares his 4 Principles of Comp design:
1) The goal of compensation is to attract and retain people - period.
2) Compensation isn’t fair. Don’t think that it is.
3) Compensation design is going to piss off someone.
4) Don’t overthink it, and don’t over focus on it.
Mike makes compensation, dare we say, fun? So…
Come on in, grab a snack. Welcome!
162 episodes
Share
Manage episode 362453329 series 3266182
Content provided by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Stapleton and Joyce Wilson-Sanford, Bob Stapleton, and Joyce Wilson-Sanford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this week’s episode, our guest, Mike Strout, gives his unique and surprising thoughts on compensation practices. He shares his 4 Principles of Comp design:
1) The goal of compensation is to attract and retain people - period.
2) Compensation isn’t fair. Don’t think that it is.
3) Compensation design is going to piss off someone.
4) Don’t overthink it, and don’t over focus on it.
Mike makes compensation, dare we say, fun? So…
Come on in, grab a snack. Welcome!
162 episodes
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