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Compensation Design and Communication

Honeywell How Pay Launched Performance

September 1, 1996
Honeywell's Commercial Avionics Division charged a group of employees to align compensation with business goals. The team's decision to link workers' pay to division profitability got better buy-in because it was employee-driven. It also got results.
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Need a Change Jump on the Banding Wagon

January 1, 1994
Not just the latest buzzword or a trendy compensation strategy, banding can speed up a company's reaction time, encourage employees' sense of teamwork and allow experimentation in pay. Yet it is not right for all companies, nor is it a quick-fix solution.
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