When Megan Driscoll, chief executive of a biopharmaceutical recruiting firm, increased her employees’ base salaries last year, revenue grew by more than 40 percent. In this article she discusses how the big pay rise was just the icing on the cake following other changes that were helping to improve employee performance. And how the combination of these changes—together with the company’s unique model within a high-growth industry—is set to grow revenue by more than 55 percent in 2017.
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