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Designing Your Compensation Strategy Through Benchmarking and Surveys
Getting your compensation strategy right is key to recruiting and retaining employees, especially during times of economic uncertainty. To ensure your organization’s compensation strategy is both transparent and competitive, benchmarking must be an integral part of the process.
In this session, we’ll sit down with Leorimar Williamson from Mercer to discuss what goes into running an effective compensation benchmarking process and the impact it can have for your organization, particularly now.
In this webinar, you’ll learn:
- The basics of compensation benchmarking and surveys
- The different types of market data you should consider
- What the latest market data indicates about the future of compensation
- How to use benchmarking to evaluate your pay competitiveness.