5 Ways To Align People's Pay With Their Value

Can you explain clearly why the people on your team are paid what they're being paid? If you can't, you may have a hidden problem eating away at your meritocracy. We've produced a few episodes over the years on remuneration structures, particularly how to link incentives to performance. This episode is all about the gap between what people believe about merit-based pay, and what actually happens when you try to put that into practice. Timing… negotiation skill… historical anomalies… skill shortages… there's a long list of barriers that conspire to stop you from paying people what they're truly worth. And most of them are completely outside of your control. In this episode, I give you five specific, practical steps that you can take to rebalance the scales of merit-based pay. And, at the very least, you’ll be able to explain, with a high degree of confidence, why your people are paid what they're being paid.————————You can connect with me at:Website: https://www.yourceomentor.comFacebook: https://www.facebook.com/yourceomentorInstagram: https://www.instagram.com/yourceomentorLinkedin: https://www.linkedin.com/in/martin-moore-075b001/Youtube: https://www.youtube.com/@YourCEOMentor————————Our mission here at Your CEO Mentor is to improve the quality of leaders, globally. Your boss wants more with less. Your team wants less, full stop. You're stuck in the middle.Leadership Beyond the Theory is 9 weeks to promotion-ready leadership.2,800+ leaders from 150+ organisations. 99% would recommend.Doors are now open for the June 2026 cohort, they close Fri 26 June!Join the cohort here: https://go.leadershipbeyondthetheory.com/ Hosted on Acast. See acast.com/privacy for more information.