Entrepreneurship

The True Heroes of Entrepreneurship

A few weeks ago I came across an article that profiled a well-known entrepreneur –  they were quoted as saying “The great thing about entrepreneurship is that you only have to be right once.”  The essence of the article was that you can have many failures, but if you hit it big that one time, it will be all worth …

CompTrak

Freedom within a Framework – CompTrak Flexing its Muscle

Perry Doody, CompTrak Co-Founder and the Compensation Guy. One of my pleasures when travelling for business is visiting different CrossFit gyms. It gets me up early and allows me to get my daily WOD (workout of the day) in. In the past few years, I have visited more than 50 different CrossFit gyms across North America and Europe. Each gym or box, as …

CompTrak

Monitor and Review all your Compensation Plans in One Framework [video]

Perry Doody, CompTrak Co-Founder and the Compensation Guy. Today I want to take look at one of our new modules at CompTrak, Plan Governance. For many organizations that have multiple compensation plans, it can be a challenge to monitor and review those plans into one central place and retrieve information quickly and easily. Our new Plan Governance module addresses those …

CompTrak

What Makes a Great Compensation Plan

Perry Doody, CompTrak Co-Founder and the Compensation Guy. I often get asked what makes a great compensation plan? Over the course of the last twenty years, I have had the privilege to see many compensation plans. There are two key elements that stand out for me. Alignment with Strategic Goals The first key element to a great plan is the …