Let’s talk compensation. It has been well documented that the amount of someone’s paycheck is not the #1 driver for their professional satisfaction. However, it does get pulled up to the top of the list quickly in the absence of the top drivers such as recognition, sense of purpose, ability to contribute, opportunity for advancement, etc. Today, I am discussing compensation plan designs. In my opinion, there are a few KEY considerations to incorporate into designing compensation plans to make them great.

Sometimes spending more dollars on the front end can save you a whole a lot more on the backend. I want to challenge you to think about the bigger perspective as it relates to the decisions and investments we make.