On this episode of The 3 Wins Podcast, our guest is Jim Robinson, the president of Robinson Compensation. Our host, Russ Clemmer, president of Legacy Advisory Partners, has a conversation with Jim about how virtual work is changing the way we think about work.

Jim has more than 40 years working in corporate compensation and benefits, and he shares how the pandemic has forced company leaders and stakeholders to rethink how they approach providing compensation and benefits to their employees. He explains that in the area of compensation, some companies are thinking about getting rid of geographic disparities since employees can now work from across the country.

Key Takeaways: Because employers are key stakeholders, their comfort and ability to complete work is integral to the health of the company.

There is no going back to experimental: people have experienced remote work and they’re going to want to see more of that.

Understanding how to pay employees who live in different parts of the country will emerge as a new challenge.

Additional Points: Ideas around how to compensate employees are changing in the pre-pandemic era.

Broader work may impact millennial turnover

Geographic differentials will certainly change because of remote work culture.

Incentive compensation is difficult because performance is hard to manage with remote employees.

Millennials have led the charge to change performance management. Attitudes surrounding severance have long-lasting effects on companies.

Organizations have a vested interest in fostering the respect of their employees.

Useful Links Find Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/​

Find Jim Robinson on LinkedIn: https://www.linkedin.com/in/jim-robin...​

See "Robinson’s Rules #2-Attracting and Retaining Employees": https://www.linkedin.com/feed/update/...​

To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company” here: https://www.legacyadvisorypartners.co...​.

The 3 Wins Podcast is presented by Legacy Advisory Partners. https://www.legacyadvisorypartners.com/​

The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners https://www.legacyadvisorypartners.co...​

Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Legacy Advisory Partners are not affiliated.

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/ Dealer, Member FINRA/SIPC.