The way leaders look at compensation is changing, says Kevin Lynch, a leadership-executive-in-residence at the Center for Values-Driven Leadership, in a new Inc. magazine article. Now more than ever before, the benefits package may help determine your employees’ happiness, and your ability to attract new top talent.
“When I was a CFO, I tended to regard benefits as a burden,” Lynch says. “I’m now confident that they do pay off–in the form of attracting good employees, retaining them, and making them more productive. When you have happy, satisfied employees, that creates value that does find its way into traditionally calculated ROI.”
Read more from Lynch and others in the Inc. article, You Can Buy Employee Happiness.