Reward Employees Based on Performance, Not Tenure

 

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The best-practice organizations profiled in APQC’s Collaborative Benchmarking study Rewarding, Engaging, and Retaining Key Talent recognize that a crucial element in engaging employees is ensuring fair, competitive total compensation. 3M, Infosys, and Schlumberger all calibrate compensation to the external market and reward employees based on performance, not tenure.

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