GreatWork Blog

Building better workplaces through compliance, culture, connection

In the dynamic landscape of the modern workplace, feedback plays a critical role in fostering growth, enhancing performance, and nurturing a culture of continuous improvement. The exchange of feedback between managers, leaders, and employees is instrumental in unlocking untapped potential, aligning goals, and cultivating a collaborative environment.

The 2023 National Executive Compensation report is now available to purchase! A great source of national compensation data for executives across the United States, this report is a valuable resource for HR and compensation professionals in organizations with multiple locations or recruiters searching nationally. With employees being able to work remotely across the country and with the large hiring market, it is more important now than ever to make sure your compensation packages are not just competitive locally, but nationally too.

I was a participant in a coaching workshop the other day where the facilitators, while encouraging skill-development and coaching, kept referring to High Potential Leaders. You know, the HIPO folks, those with ability, engagement, and aspiration to rise up and succeed in more senior, critical positions. Are you targeting your HIPO people for growth and development? We certainly hope so.

You may be asking, “How can we spot and measure high potential? Do these HIPO employees look and act differently?”

Here are a few characteristics that you may observe:

• Require little direction.
• Produce high-quality work.
• Seek leadership responsibilities.
• Take initiative.
• Are invested in company goals.
• Have positive relationships.
• Are highly adaptable.
• Exhibit a competitive attitude.