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COMPENSATION QUOTES


Welcome! This collection of my favorite compensation quotes is part of my Management & Leadership Quotes series.

Author/Contributor: Greg Parsons


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The purpose of an incentives system should not be to get the right behaviors from the wrong people, but to get the right people on the bus in the first place, and keep them there.

- Jim Collins

Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.

- Robert T Kiyosaki

Over pay people because the person will stretch to justify your confidence in them.

- Jeffrey Fox

Salary negotiations shouldn't be limited to just salary. Salary pays your mortgage, but terms build your career.

- Christopher Voss

When you give a guy a raise, that’s the time to increase his responsibilities.

- Lee Iacocca

One of the unintended consequences of offering employees a reward is that you can never take it back, because rewards quickly become seen as entitlements.

- Fred Lee

I recommend to young people to seek work for what they will learn, more than what they will make.

- Robert T Kiyosaki

Do your job and demand your compensation - but in that order.

- Cary Grant

When determining appropriate levels of compensation, management must determine if the emlpoyee turnover rate is too low, too high, or just right. If turnover rate is high enough to adversely impact the entity's performance, then employee compensation is probably too low.

- Jason Chaffetz

Money and salary is not a particularly good motivator in the long term.

- Matt Mullenweg

Work as if you were the one paying your salary.

- David Young

It's not what you pay a person, but what they cost you that counts.

- Will Rogers

Four meaningful factors determine a wage:

(a) # of people willing and able;
(b) specialized skills required;
(c) unpleasantness of a job; and
(d) demand for services that the job fulfills


- Steven D. Levitt & Stephen J. Dubner

Help in any way you can, even when there is no direct or immediate compensation or other reward.

- unknown

Always do more than you get paid for as an investment in your future.

- David Young