How to formulate Pay Strategy ?

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How do you formulate your strategy plan?
Posted by:
Akbar Bakhshmand
19-June-2013

HR Consulting Administration Management HR Management

Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/04/25

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1 Answers

by Deleted user

Define your compensation philosophy.
Link compensation to your overall business strategy.
Change the culture and reinforce it with compensation.
Reward the behaviors that drive the results.
Think total compensation.
Measure your return on invested payroll

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