09 Dec 2023
How you compensate your people is one of the most important strategic decisions you will make. It can give you a significant advantage over the competition, support or hinder the culture of the business, and drive (or not) the behaviours you need to scale your organisation. And since it is likely one of the largest expenses, if not the largest, fuelling your business, it requires thoughtful consideration. Yet, like pricing, many of the compensation schemes we've seen are WAGs - wild-ankle-guesses - at best.