Is your compensation strategy secretly sabotaging your business? For decades, Ken has witnessed companies cling to outdated pay structures that not only fail to attract top talent but actively drive it away. In this episode, he challenges conventional wisdom on compensation, revealing startling insights—from how penny-pinching risks losing your best employees to why many candidates fail to negotiate effectively. Ken exposes the hidden pitfalls of outdated approaches and offers a bold new perspective on how to rethink your compensation strategy.

Buckle up as he explores why transparency and market alignment could be the keys to unlocking a more equitable and motivated workforce. Whether you're an employer striving to attract top talent or an employee aiming to secure your worth, this episode is packed with insights that will make you rethink everything you thought you knew about compensation. Ready to overhaul your approach? After listening, head over to our website to download the newly updated 2024 Compensation Guide, refreshed with mid-year insights. Have questions or personal experiences with compensation you’d like to share? Drop us a message or join the conversation on LinkedIn.

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About Your Host:

Ken Schmitt is an industry veteran with nearly three decades of expertise in executive recruiting. He shares the wealth of knowledge gained from working with a large regional agency, the globally renowned Heidrick & Struggles, and founding TurningPoint Executive Search—a distinctive firm dedicated to fostering high-touch partnerships. With a wealth of experience and a passion for elevating the executive recruiting landscape, Ken brings a unique perspective that enriches every episode of "Hiring Matters."

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