Transformation of compensation culture recognises employee contributions as being the driver of corporate success

This compensation transformation: 1) Removed structure and liberated the business culture; 2) Empowered local decision making by line management and HR; 3) Provided larger incentives for top-performing junior managers rather than for under-performing senior managers; 4) Increased focus on real individual contributions; 5) Raised awareness of the market value of a given set of skills; 6) Eliminated the expectation of across-the-board or merit based increases; 7) Made performance the basis for all...

BPIR Categories

8.2.2 Create an environment for empowerment/innovation
9.5.4 Develop & manage base & variable compensation
9.5.1 Develop performance management approach