Compensation is one of your largest expenses, one you can turn it into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them). In this highly practical session, bestselling author and author of the business classics Scaling Up and The Rockefeller Habits, Verne Harnish shares his brand-new work on the 5 principles for designing effective compensation systems, with plenty of examples from leading small, medium, and large firms across various industries. Nail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization.