by Jim Schleckser | Aug 6, 2024 | Bonuses, Compensation, Entrepreneur, HR, Leadership, Talent
One of the things that CEOs and boards worry about the most is their executive team’s vulnerability to poaching by other companies. That’s especially true when it comes to the risk of losing top executives — even the CEO — to someone who offers...
by Jim Schleckser | Aug 9, 2022 | Bonuses, Compensation, Decision Making, Leadership
Why has CEO compensation increased over the past several decades? This is one hot-button issue covered constantly in the media. Specifically, how CEO compensation has increased to the point where the difference between what CEOs make compared to the rest of the...
by Jim Schleckser | Jul 26, 2022 | Business, Compensation, Culture, HR, Talent
Will Your New Hire Remote Employee Get Paid the Same as an In-Person Employee? It used to be simple to figure out how much to pay employees. In the wake of the pandemic, remote employee compensation has added a new layer of difficulty. As an employer, you could look...
by Jim Schleckser | Jun 25, 2021 | Compensation, Culture, Leadership, Talent
Your comp plan can’t do it all. There’s a common trap that a lot of CEOs fall into when it comes to designing their compensation plans. The mistake so many leaders make is that they try to create a commission or bonus plan that does their managing for...
by Jim Schleckser | Apr 13, 2021 | Bonuses, Compensation, Culture, Leadership
People aren’t after maximum pay–they’re after felt fair compensation. Despite what you might hear, compensation is not the primary motivator for most people. Sure, as I have written about before, some people are what I call...
by Jim Schleckser | May 28, 2019 | Business, Compensation, Leadership, Management
Many people talk about leadership principles or values these days. But what often happens is that they get printed on a poster, hung on a wall – and then quickly forgotten. No one actually lives those values, or frankly, can even remember them. Amazon is...
