As if discussing money wasn’t already hard enough, economic precarity and large-scale workforce shifts have made it even harder to feel candid, open, and honest about employee pay. Yet compensation is directly tied to engagement, performance, and career development.
At many organizations, the decision-making process around pay can feel arbitrary, shrouded in mystery, and even subject to bias. Surveys find that less than a third of employees (or even HR leaders) believe their compensation processes are transparent or easy to understand.
If compensation strategy isn’t already a core part of your People practice, it should be. In this ebook, we’ll address the big questions you need to answer before that can happen. From identifying your comp “philosophy,” to designing salary bands that integrate with job levels, we’ll guide you through a holistic, transparent, and equitable approach to employee pay.