How to retain top performers

Pointers on how to keep your stars shining and remain with the company.

CFOs and other financial executives must always keep an eye on the bottom line as well as risk/reward. When you have a top performer, your options are to keep him or her happy and with the company. Cash may be king, but top talent helps a company perform. Three key areas to focus on as reported in Compensation Today are:

1) Compensation: no surprise there, but many companies worry about giving all employees an increase and fail to recognize or compensate outstanding performers. Don't make that mistake.

2) Clear targets: Make sure goals, and incentives tied to them, are clear.

3) Correct compensation info: Get market-based data, not national trends, when determining correct compensation.

For full story CFO corner: retaining top performers

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