Pay Up or Fall Behind: Why Your Compensation Strategy Isn’t Just About the Money

10 banknote on black leather wallet

This past weekend, I had a candid conversation with a business owner who asked me—half joking, half desperate—“So, what’s the right amount to pay people these days?”My response?“That’s the wrong question.” Let’s be honest: compensation is no longer just about what the job should pay. It’s about what your business needs to pay—strategically, competitively, and […]