Mark Stocker, CEO of MetalJobs – A member of the Sanford Rose Associates® network of offices, Featured in Monster, Compensation Tactics to Retain Mission-Critical Talent
Dallas, 12/6/2016
By John Rossheim
With unemployment low and highly-skilled professionals in high demand, it’s time to reevaluate your compensation strategy to help retain top performers. Otherwise it’s way too easy to lose key people to the competition.
Simplicity and clarity are key to pay satisfaction. Your compensation strategy should be pithy enough to serve as an elevator pitch to retain top performers. Mark Stocker, president of recruiter SAN Inc., says there are two keys to making this happen. First, create a simple compensation plan that doesn’t change.
Second, allocate a much greater proportion of your compensation budget to people who have great success and long tenure. Sales commissions at SAN start at 25 percent and reach up to 50 percent, with equity kicking in along the way. “It’s key to be clear about compensation from the start of an employee’s relationship with the company,” says Stocker.
Todd Garrison, Managing Director of Targeted Recruiting Group, Featured in Plastics Today
FOR IMMEDIATE RELEASE: Todd Garrison, Managing Director of Targeted Recruiting Group – A member of the Sanford Rose Associates® network of offices, Featured in Plastics Today, Economic Uncertainty, AI, and Talent Shortages Reshape Hiring [...]
Peter Rouillard, Managing Director of Epic Search Partners, Featured in South Coast Today
FOR IMMEDIATE RELEASE: Peter Rouillard, Managing Director of Epic Search Partners – A member of the Sanford Rose Associates® network of offices, Featured in South Coast Today, USA Oil, Legal Recruiter Directory Expands Coverage [...]
