“Our people are our most important asset”. It has been said so many times now that it’s become a cliché. Such statements are usually a prelude to large executive bonuses, layoffs or plant closings. Unfortunately employees are still viewed as a cost both on the balance sheet and, more importantly, in the minds of most executives. Costs are something you want less of – not more of.
Compensation Cafe: Are Employees “Costs” or “Assets”?.
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