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In today’s competitive business landscape, HR managers face a significant challenge: designing compensation strategies that not only attract and retain top talent but also align with organizational goals and values while remaining financially sustainable.
Many organizations struggle with this balancing act, often implementing ad hoc compensation decisions that lack strategic framework.
When compensation strategies misalign with business objectives or cultural values, companies experience increased turnover, reduced employee engagement, and ultimately, diminished business performance.
The solution lies in developing a comprehensive, strategic approach to compensation that serves as both a talent magnet and a catalyst for business success.
