When it comes to creating compensation packages to recruit key talent, thinking out of the box is essential. The competition for top talent is extremely high and salary/bonuses are not always the deal winner. Dealers are not just competing with other dealers for talent; they are also competing with employers from a wide variety of industries.
In this episode of the ” Innovative Recruiting and Retention Strategies to Land Top Talent” discussion series The Rawls Group’s succession planner Champ Rawls and Suzanne Malo, Director with DHG Search, discuss creative options such as leveraging Phantom Stock, Golden Handcuffs, and other compensation strategies to build an enticing package for the talent that is right for your organization.
For more on this topic, check out the other episodes:
- Episode1: Landing the Rockstar Whose Worth More than the Offer
- Episode 3: Developing From Within Versus Recruiting from the Outside
- Episode 4: Keys to Recruiting Post Pandemic
- Episode 5: Secrets for Recruiting the Best Talent
As you listen to this episode you will walk away with key takeaways and will realize you will want more. Click to visit the “Innovative Recruiting and Retention strategies to Land Top Talent” topic page to easily access the additional episodes in the series.
Leadership Management & Continuity
Leadership Management & Continuity
Top talent is hard to find these days, so when you find them, it is critical you have the strategies in place to retain and motivate your key people. Click the following links for more drill-down resources on Leadership and Management Continuity.
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
