This one is straight forward – pay people what they are worth!
We truly believe in the value that our Partners bring to Phillips Corporation. We each have a different path to virtuosity, and our role descriptions are living documents that are ever-changing as we provide a compensation policy that reflects this. Since paying people what they are worth is based on the value they bring, there is no limit. As mentioned in the Phillips Community Performance Standard, our culture is heavily entrenched in competency development through rapid paced continuous improvement (both incremental and transformational) – so as you become more competent, you are able to perform at a higher level, ultimately providing yourself and the company more value.