Focus on potential shortcomings.
In this episode of the PaintEd Podcast, Torlando Hakes says that attracting the greatest people requires you to develop the ideal pay strategy for your company. Your organization may easily identify top performers by introducing a performance-based compensation system.
Also, you might focus on employees that might not be making as big of an impact on the business. The benefit of merit pay is that it allows you to differentiate and account for individual performance within your teams.
Watch the full episode for more.
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