How to handle pay reviews, bonuses, talent retention, and asking for a raise.

Last week, we released a bumper episode on remuneration — Ep.358: How to Pay People Properly. How do remuneration packages work? What’s involved in the different types of incentive payments? How is each pay component evaluated?

Having built the foundations, in this episode I take it to the next level by walking through 5 practical scenarios that you’re likely to face as a leader when you’re making decisions about people’s financial rewards.

Scenario 1: Handling annual salary reviews

Scenario 2: Using financial incentives to secure rare talent

Scenario 3: Using KPIs to determine short-term bonus payments

Scenario 4: Locking in a potential flight risk

Scenario 5: How to ask for a pay rise

Gaining a better understanding of these situations, and knowing how to handle them will massively increase your confidence for the conversations that inevitably follow!

🎁 We’ve created a completely free downloadable guide to go with this episode!

It walks you through the 5 most common pay scenarios leaders face, with practical tips for each one.

👉 Grab it now at www.yourceomentor.com/episode359

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Our mission here at Your CEO Mentor is to improve the quality of leaders, globally.

Hosted on Acast. See acast.com/privacy for more information.

Moment #129 There are plenty of people who will tell you that ambition is inherently bad. But without ambition there would be no innovation, no invention, and no progress.

So don’t be misled by people who tell you that ambition is bad or undesirable.

The trick is to learn how to manage your ambition so that it becomes a source of infinite good for you, and for those around you.

If you want to go deeper on how to manage your ambition in a healthy way that produces long-term satisfaction, have a listen to Ep.156: Managing Your Ambition.

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🔥 2,000+ No Bullsh!t Leaders Are Inside… You In? 🔥

Join our free Skool community for real leaders with no egos.

👥 High-calibre connections.

🎧 Weekly Podcast Club prompts.

📢 Unfiltered convos that shape the podcast content.

You’re in the trenches, so are we. Let’s cut the BS and lead better, together.

Join for free now! 🔥

————————

You can connect with me at:

Website: https://www.yourceomentor.com

Facebook: https://www.facebook.com/yourceomentor

Instagram: https://www.instagram.com/yourceomentor

Linkedin: 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.

Hosted on Acast. See acast.com/privacy for more information.

The biggest cost item on most P&Ls is labour. You’ll probably spend more money this year paying people than you will on any other operating expense.

But do you know what you’re paying for? And do you know how to get the most from this major investment of your company’s resources?

We’ve had several questions from the leaders in our current cohort of Leadership Beyond the Theory on the relationship between remuneration, motivation, and performance.

That’s why, in this episode, I’m going to give you a definitive overview of how remuneration works. It gets pretty complicated in parts, so to make it easier, we’ve produced a free downloadable PDF (it's 13 pages, we didn't leave anything out), which has the complete remuneration guide

Let’s face it, you’re making decisions that affect people’s livelihoods, so it’s important you know what you’re doing.

From base salary, to STI’s…from long-term share options to sign-on bonuses…My goal is to completely demystify remuneration for you, so that you can be more judicious about how you apply financial rewards!

————————

🔥 2,000+ No Bullsh!t Leaders Are Inside… You In? 🔥

Join our free Skool community for real leaders with no egos.

👥 High-calibre connections.

🎧 Weekly Podcast Club prompts.

📢 Unfiltered convos that shape the podcast content.

You’re in the trenches, so are we. Let’s cut the BS and lead better, together.

Join for free now! 🔥

————————

You can connect with me at:

Website: https://www.yourceomentor.com

Facebook: https://www.facebook.com/yourceomentor

Instagram: https://www.instagram.com/yourceomentor

Linkedin: 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.

Hosted on Acast. See acast.com/privacy for more information.