Structuring Alternatives to Escalating Pay
It is clear from the numerous articles on global pay and benefits that competition for talent is as vigorous as the pay and benefits. What could you offer as an alternative to escalating pay? Keep in mind that some consultants advocate for strong brand as a strategy to compensate talent. They will be able to attract and retain top people with appealing work environments, and salary and benefits packages that reflect the contemporary world of work. How will these dynamics affect the new global marketplace?