Nolan and Kelli talk about retaining top-performing employees (the crucial 1%) and emphasize that compensation alone isn't sufficient; leaders must combine verbal recognition, proactive compensation strategies, transparency, and genuine appreciation. They stress the importance of eliminating compensation anxiety for these key employees and building long-term relationships, and argue that thoughtful, personalized treatment of top talent ultimately benefits both the individual and organization.
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KEEP UP WITH NOLAN + KELLI ON LINKEDIN
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich/
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TIMESTAMPS:
(00:00) Introdu
(00:13) Defining the Top 1%
(00:57) Shifting Trends in Job Offers and Compensation
(02:04) Appreciating Top Talent
(03:01) The Importance of Appreciation Beyond Monetary Compensation
(03:56) Balancing Appreciation and Competitive Compensation
(05:02) Transparency in Compensation Decisions
(07:49) Sponsor: Metaview
(09:43) Four Pillars: Appreciation, Thoughtfulness, Proactivity, and Transparency
(12:08) The Expectation of Transparency
(12:43) Long-Term Career Involvement with Top Performers
(14:21) Reciprocity in Employer-Employee Relationships
(14:53) Wrap
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