Lance A. Berger > Quotes

“The compensation philosophy must actively reinforce the company’s strategy and vision to achieve its objectives.      •   Compensation programs must be consistent with legal and regulatory requirements.      •   Compensation should be consistent with the financial requirements and administrative capabilities of the company.      •   Compensation must be consistent with both internal equity and external requirements to attract, retain, and motivate talented employees.      •   Compensation program details must be based on clearly defined jobs and their role within the buying and selling process.”
― Lance A. Berger, The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design

“Communication.  Communication is an often-overlooked aspect of incentive plan implementation and can be one of the most critical aspects of ensuring plan effectiveness.”
― Lance Berger, The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design