Designing Classification and Compensation Systems for the Change that is Coming

Source: Jim Fox and Bruce Lawson, IMPA-HR News, Vol. 75 no. 1, January 2009
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If you are not assessing your system now to make it more flexible to meet the challenges, you should be. You will be better prepared to manage them when they come. And, your limited resources will require you to adapt to the change that is coming.

In this era of economic uncertainty and shrinking public revenue sources, moving toward a broader classification structure and/or utilizing broadband pay strategies provides the flexibility necessary to manage with more limited resources.

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