Tag: Competitive Reference Points

Strategic Comp Plan? ‘This Is Not Easy Stuff’

[Go here for #1 to #3] #4: Competitive Reference Points Describe the comparator group(s) for your rewards package Determine industry/geographic competitors For signature programs, what are the benchmarks #5: Competitive Positioning Describe your desired position vs. the market. If your position is below market average, be prepared to explain why. Honesty is a positive message, […]