Creating Links between Personal Interest and Business Performance

Traditionally, the underlying goal of any compensation structure has been to attract, motivate and retain good staff.  However, choosing the right compensation structure to achieve a specific business objective can be difficult, especially when business drivers are not aligned with the desires of the key individual a company is seeking to retain.  The question becomes: how do companies align business and individual interests?    Could business sustainability provide the answers?  

Despite the myriad of compensation options, pay for performance is often the one which receives the most attention.  Performance pay is a combination of base pay with variable compensation based on certain performance criteria. It is a widely used in particular industries, based on the concept that pay can motivate job performance, increase employee effectiveness, and align business goals. The key is the ‘alignment’ of goals.  Click here to read more on creating a link between personal interest and business performance. 

 

 

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".