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Technology Revolution: The Future of Now

Getting Serious About Getting Paid: Your Company's Compensation

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9 • 108 Ratings

🗓️ 28 March 2018

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: "Choose a job you love and you will never have to work a day in your life" (Confucius). Few things impact employee productivity, engagement, and well-being as compensation. But as definitions of work and workforce change–diversity, telecommuting, contingent labor–traditional pay-for-performance formulas could cost you the ability to engage top talent. The experts speak. Dr. Gabby Burlacu, SAP SuccessFactors: "I think the definition of a book is changing" (Jeff Bezos). Lauren Pytel, SAP SuccessFactors: "After a certain point, money is meaningless…The game is what counts" (Aristotle Onassis). John Weldon, Baylor University: "You must be ready to give up even the most attractive ideas when experiment shows them to be wrong" (Alessandro Volta). Chris Seifert, Baylor University: 'People who are unable to motivate themselves must be content with mediocrity…" (Andrew Carnegie). Join us for Getting Serious About Getting Paid: Your Company's Compensation.

Transcript

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0:00.0

Welcome to the most nutritious hour of business talk all week.

0:13.1

This is Coffee Break with Game Changers, presented by SAP.

0:17.1

The best run business is run SAP.

0:19.7

Your host and moderator is Bonnie D. Graham.

0:22.1

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

0:29.9

Now, here's Bonnie D. Graham.

0:33.3

Welcome. Welcome. If you've been listening long enough, you'll know the number of welcomes typically indicate how many panelists I have today.

0:40.6

So welcome to Coffee Break with Game Changers. I am Bonnie D. Graham, and let's see what the buzz is today.

0:46.2

Okay, we're looking at a quote from Confucius, 551 BC to 479 BC. They did it.

0:53.1

Big numbers to small numbers back in BC. He was a Chinese teacher,

0:56.9

editor, politician, and philosopher of the spring and autumn period of Chinese history. And he

1:02.8

is credited with authoring or editing most of the Chinese classic texts, including all of the five

1:09.5

classics. And you hear Confucius say or says all the time.

1:12.7

Here's an interesting quote. Choose a job you love, and you will never have to work a day in your life.

1:19.1

Let's just let that settle in. I'm one of those lucky people. Hosting and producing Game Changers Radio for SAP is my dream job.

1:26.6

Yes, it's work, but I don't think of it that

1:28.4

way. So let's talk about what really makes people be engaged in their jobs. What does it really

1:33.8

boil down to? Let's look at the facts. Few things, I'm talking to all of you who employ somebody

1:40.1

in a business, in an organization. Few things impact your employee's productivity, which you count on,

1:47.1

their engagement, which you need, and their well-being, which keeps them coming back to work,

1:51.3

as how you compensate them. Ooh, that ugly word money is coming into it. Maybe it's not all

1:57.0

about money, though. As the definitions of work and the workforce change, and yes, they're

...

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