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Riordan has outdated employee programs, and has a highly questionable compensation philosophy. Edward Jones is an excellent benchmarking choice for Riordan because both companies are sales based, so aligning the employee based programs appropriately is essential. Edward Jones focuses on creating a positive environment for their associates. The firm ranks 15th in the “Great Place to Work Institute (Mississauga News, 2008), and the fourth on the Fortune Magazine Best Places to Work (Fortune, 2008). The basis for such high rankings comes from Edward Jones associates being consistently rewarded (6...
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