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Given today’s competitive labor market, most organizations that have adopted a pay-for-performance compensation strategy did so to attract, motivate, encourage, and retain employees. Indeed, it is not the equitable allocation of scarce resources that prompts companies to adopt tiered salary increases; it is the need to reinforce the right priorities within their workforce and drive them to higher levels of production.
As your company seeks a solution for tomorrow’s workforce challenges, Mercer’s Rewards Decision-Making and Communication survey results point to the factors that companies use when evaluating employees’ effectiveness in the workplace and the trends sweeping rewards decision-making worldwide.
Mercer’s Rewards Decision-Making and Communications results are available in a PDF format.
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