Compensation trends.

Mortgage BankingVol. 52 Nbr. 2, November 1991

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Summary


Survey of 1990 compensation levels - Internal Management

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Compensation trends.

COMPENSATION Trends

There is no question that compensation influences human behavior. People will focus on goals when there is opportunity to maximize their earnings potential. Because of this, companies should ensure that goals are the result of a strategic thought process. Consequently, any compensation system and organizational structure should reinforce a thorough strategic plan.

Industry trends and strategies

Serious and effective strategic planning by mortgage banking firms cannot be done in a vacuum. Today, a number of industry trends must be taken into account as these strategies are developed and as implementation plans are formulated. For ex...

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