Many compensation managers find themselves too burdened with tactical details to implement strategic practices that would allow them to use compensation more effectively to support key corporate objectives. According to a survey conducted in May 2007 of 171 compensation managers, most have been unsuccessful in effectively using compensation to achieve important business goals, specifically: to retain key employees, to attract high quality employees and to align individual performance to corporate goals.

Read this white paper to explore survey results regarding the importance of compensation management. Learn the prevalence of multi-function talent management strategies, compensation practices and impediments, and how effective compensation management will help you achieve desired business results.