Compensation - Beyond Base Pay
A Best Practice Brief
by Amy Lyman, Director of Corporate Research
published by Great Place to Work® Institute, Inc.
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Price $195 |
A company’s pay practices tell a story about what is important in the organization. Is it the dollar amount of the salary that is presented as most valuable? What about profit sharing? Are other forms of compensation considered as well as benefits that might improve someone’s life outside the workplace?
Compensation - Beyond Base Pay examines pay practices at the Best Companies to Work For. Presenting a comprehensive analysis of pay practices that move beyond a central focus on the dollar amount, this Best Practice Brief concentrates on elements of total compensation that support the development of a great workplace.
Leaders in great workplaces consider base pay, fair pay, and the higher aspirations of their organization in developing their overall compensation approach. Best Practice examples for each of these elements are presented, with a discussion of the normative messages contained within the practices. Comparative data from the 100 Best Companies and the Lower 100 Group provides additional evidence of the distinctive ways in which Best Companies value their employees.
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Including practices from the following Best Companies:
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