Navigating Organizational Change Through Strategic Compensation and Benefits
Introduction In today’s fast-paced business environment, organizational change is inevitable. Companies must adapt to stay ahead of the competition, and this often involves making significant changes to their structure, processes, and culture. However, change can be challenging for employees, and it’s essential to have a strategic plan in place to manage the transition. One crucial aspect of this plan is compensation and benefits. A well-designed compensation and benefits package can help to mitigate the negative impacts of change, boost employee engagement, and drive business success. ...