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“Boards that were more forward-thinking began to establish leveraged approaches to variable compensation for recruiting, motivating, and retaining their [healthcare] leaders through difficult transformations.”
"Salary compression leads to low productivity and morale and high turnover, and if it’s not confronted over the long term, companies will pay the price for ignoring it,” said Rebecca Toman, survey operations manager at Pearl Meyer.
“There aren’t a lot of people who can throw or hit 95-mph fastballs—just like there aren’t a lot of people who can run global multibillion-dollar companies,” notes Jan Koors of Pearl Meyer.