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Executive Education On-Demand | October 22, 2021

How To Design A Performance-Based Compensation Model To Go Above Market Rate – An OPEN MINDS Strategy Series

In this Circle Elite Executive Roundtable that took place on October 21, 2021, OPEN MINDS Senior Associate Ken Car discusses how the competition for high quality talent will only increase in the years ahead, making performance-based compensation a critical element of sustainability and success for provider organizations. While putting such a system in place takes considerable effort, time, and expertise, the long-term payout in terms of workforce retention and improved recruitment can be significant. Executive attendees will learn:

How to define your performance-based goals

How to design your compensation model and rates

How to support employees in . . .

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