An effective compensation strategy is integral in attracting new talent and retaining and motivating the best performers. In short, it’s a critical part of overall HR strategy to keep organisations competitive and successful with a strong pipeline of emerging talent, but for SMEs, it can be hard to get right….

Ciaran Sheehan, Managing Partner of Clarendon Executive, examines the components required to ensure you have the best compensation plan in place for your people and your business.

One of the most daunting challenges for businesses we deal with, no matter their size, is that of attracting and retaining outstanding talent, particularly at executive level. As economic conditions improve, hiring the right talent becomes all the more challenging. Savvy companies know