Building a Purpose Driven Compensation Philosophy
Compensation philosophies are evolving. Today, basic cliches about maintaining competitiveness or embracing pay transparency simply aren’t enough. Modern companies must reexamine every part of their rewards program — and clearly define the purpose of each component.
In this webinar, we’ll sit down with Melissa Theiss, Head of People Operations at Column, to discuss the future of compensation philosophies and explain how they can be used to create a foundation for people-centric pay practices.
• What a compensation philosophy is — and how it helps set expectations for candidates and employees
• What to include in a compensation philosophy statement (including more progressive components)
• What steps you should take to set up or strengthen your organization’s compensation philosophy statement