Tom Wilson’s premise: Employee incentives are just as important to corporations as they are to employees. Why? Because a company that aligns its own achievement with that of its employees is well on its way to success. Wilson uses a wide range of case studies to bolster his common- sense advice, including reminders that your employee rewards plan should be simple to understand, geared toward the kind of people you want to attract and should frequently vary. Even the most experienced manager can stand to learn a thing or two from Wilson’s keen analysis of Amazon.com, Southwest Airlines, Saturn, and a host of other successful businesses. getAbstract.com thinks that you owe it to yourself - and to your employees - to read this well-crafted book.
In this summary, you will learn
- How a well-crafted compensation plan can increase employee morale, corporate productivity, and even the caliber of people applying for jobs at a given company;
- How some of the best-known companies in America formulate their compensations structures, and
- Tips and advice on setting up an effective rewards plan for your own company.
About the Author
Thomas B. Wilson is president of the Wilson Group, Inc., a consulting firm that specializes in the design and implementation of performance-based reward systems. Wilson frequently speaks at national conferences on how companies can use reward systems to increase revenues, enhance customer satisfaction, and implement strategic change initiatives. He wrote Innovative Reward Systems for the Changing Workplace, as well as numerous articles. He lives and works in Concord, Massachusetts.
Customers who read this summary also read
Comment on this summary
6 months agoIf only GM used this wisdom more often.