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Review Wages: A Turnaround Expert Would Drill Down on Compensation
Differences Between Public & Private Sectors
e In the absence of reliable, generally accepted adjustment factors,
USA Inc. needs a comprehensive 3-party review of its compensation
practices.
e Most businesses constantly review their compensation practices; these
reviews typically intensify when the financials of the core business erode.
e Considerations include compensation for comparable jobs, uniqueness
of skill sets and education required for particular roles, productivity,
hours worked, regional cost of living, job security, years of service, and
financial health of the business unit.
Fae
bs www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 337
Focus on
Expenses
CB www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 338
HOUSE_OVERSIGHT_021010
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