Getting Serious About Getting Paid: Your Compensation Process - Part 2
Technology Revolution: The Future of Now
Bonnie D Graham
4.9 • 108 Ratings
🗓️ 11 July 2018
⏱️ 55 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the most nutritious hour of business talk all week. |
| 0:13.5 | This is Coffee Break with Game Changers, presented by SAP. |
| 0:17.4 | The best run business is run SAP. |
| 0:20.0 | Your host and moderator is Bonnie D. Graham. 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. Now, here's Bonnie D. Graham. Welcome, welcome, welcome. If you want to run with the game changers, this is where the best run. |
| 0:38.4 | There you go. Let's see what the buzz is today. I have a quote from, let's see, a lady named Maggie Overfelt, O-V-E-R-F-E-L-T, in a special interview with CNBC.com. |
| 0:50.3 | And she says the following, there are some job perks that will make millennials consider working for less by as much as 12%. |
| 0:58.8 | Let me just read a little more. |
| 1:00.3 | She says the new generation of employees would take less pay for certain job perks. |
| 1:05.7 | Of course, millennials work for cash and good health insurance just like everyone else. |
| 1:10.3 | And then she says, forget about |
| 1:11.6 | free snacks. The country's largest workforce by demographics, millennials are willing to give up |
| 1:16.5 | a percentage of salary for, get this, long-term job security, flexible office hours, and a management |
| 1:23.8 | structure that emphasizes mentorship and a better career trajectory. Very, very interesting. |
| 1:30.2 | So let's get down to basics here. There are a few things that impact your employee's productivity, |
| 1:34.8 | their engagement and their well-being. It's how you compensate them. We typically think of |
| 1:39.8 | compensation in dollars and cents whatever currency you are paying them in around the world. |
| 1:45.4 | But as the definitions of work change and the workforce changes, come on, you know, we're big on |
| 1:50.1 | diversity today, and inclusion, telecommuting, who hasn't worked at least part-time remotely, |
| 1:56.3 | contingent labor, gig economy, seasonal labor, well, if you look at your traditional pay-for performance |
| 2:02.7 | formulas, they're not going to cut it anymore. In fact, they could cost your company the ability |
| 2:08.4 | to engage top talent today and in the future, and that is a no-no. That's a problem. |
| 2:13.7 | I've invited back four excellent panelists. They were on with me here on Coffee Break Radio on March 28th, so it hasn't been that long, and we had so much more to talk about that we invited them back. Let me tell you briefly who they are, and then we'll find out what their inspirational quotes are. First, back in a moment, I'll be speaking with Dr. Gabby Berlaku. She leads the solution |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bonnie D Graham, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bonnie D Graham and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

