2 Case Studies: Using Market Compensation Data for Pay Transparency
February 23, 2023
There’s more evidence than ever that companies with a successful compensation strategy retain employees better, promote productivity, and become more profitable. Being transparent about compensation…
How to Customize Salary Ranges
November 28, 2022
Many things go into establishing a comprehensive compensation structure. It starts with obtaining market data, job leveling, and then determining a compensation philosophy. Further customizing salary…
How To Strategically Include Pay Ranges In Job Postings
November 09, 2022
Pay transparency is here to stay. An increasing number of states and cities follow New York City, California, Colorado, Nevada, and others by passing laws requiring companies to share the salary or…
Pay Transparency Laws Summary for the U.S.
November 08, 2022
A growing number of cities and states within the U.S. now mandate that employers provide wage information to applicants and, in some jurisdictions, current employees, either upon request or on a…
How to Combat Pay Inequities
October 31, 2022
Governments and employers agree that closing pay inequity is a top priority. Some reports indicate that 57% of companies agree gender diversity initiatives improve business outcomes, and 60% of…
Benefits of Sharing Compensation Ranges with Recruiters
October 25, 2022
A successful pay transparency strategy requires the participation of the entire talent team, including recruiters who play a vital role in conveying fair and equitable job offers to candidates…
Improving Organization Commitment Through Pay and Planning
October 18, 2022
Organizational commitment plays a crucial role in evaluating whether employees will stay with the organization and dedicate themselves to achieving its goals. It’s a view of employees’ psychology…
Getting Pay Right: How to Choose the Best Compensation Partner
October 12, 2022
For most organizations, payroll is the largest budget line item; therefore, it’s critical that founders and leaders set the right compensation strategy. In order to achieve business goals, companies…
Five Signs It’s Time to Refresh Your Comp Strategy
October 07, 2022
Best practice suggests that organizations revisit their compensation strategy yearly and refresh it as needed, but what metrics and circumstances should companies watch out for to know it's time to…
Total Rewards Statements: Are They Worth It?
October 04, 2022
It's common practice for companies to provide Total Reward Statements (or Total Compensation Statements) to their employees, often when an offer is made or after a compensation review. The rationale…
Importance of Job Titles and Levels
September 29, 2022
Establishing job levels and titles across an organization (both early on and in growth) is essential to any talent strategy. Transparency in job levels/titles is vital to identify business needs and…
How To Retain Employees When Cash Is Tight
September 22, 2022
Startups commonly face the dilemma of retaining top talent while being tight on cash. To compensate employees competitively while simultaneously being conscious of the bottom line, leaders should…
How to Budget for Salary Increases in 5 Steps
September 08, 2022
It could easily be argued that organizations are facing more new norms than ever. HR, people managers, and leaders need effective levers to pull in order to retain and engage top talent. One such…
Clarifying Workforce Needs with Span of Control
August 31, 2022
While job leveling helps HR and company leaders assess their workforce needs, evaluating the span of control within an organization allows leaders to more efficiently and effectively manage business…
Job Leveling for Pay Consistency & Transparency
August 19, 2022
Job leveling is an exercise that is essential for leaders to go through if a company wants to offer fair and competitive pay. Establishing a pay structure for employees consistently and equitably…
How to do Pay Transparency Right
August 03, 2022
Pay transparency is critical in a fast-paced, global startup environment. Yet, many organizations lack the proper structure (i.e., manager training) to successfully utilize it as a strategy to attract…
Pay Questions Managers Should Know How To Answer
July 27, 2022
Conversations surrounding compensation between managers and employees can feel nerve-wracking for everyone involved. Managers could feel overwhelmed and uneasy about the potential questions they might…
Market Compensation Adjustments Made Easy
July 22, 2022
Did you know only 40% of employees perceive they are paid fairly? That’s a staggering number, considering that staying competitive in any market disproportionately aligns with the ability to acquire…
How to Avoid Common Mistakes in Compensation
July 12, 2022
A comprehensive compensation program is essential to an organization's growth. Still, companies often get lost in their process and it’s easy to make it more complicated than needed. Overengineering a…
Why Pay Should be Added to the Strategic Agenda
June 24, 2022
Cultivating a clear strategy for employee pay improves employee satisfaction (i.e., retention) and impacts the company's bottom line, yet many companies think about it reactively instead of…
How to Conquer Budget Planning
September 16, 2021
Your company has been taking off, and you're shifting into high gear for hiring. Do you know your budget for your new hires? Your organization is probably in the annual process of creating a budget…
How HR Can Plan for Next Year
December 29, 2020
2020 changed the work environment, and by now, we’re accustomed to this landscape we’ve been forced into. Revamping and assessing HR practices to meet altered employee needs are necessary, and it’s…
How to Refresh Your Compensation Strategy
November 20, 2020
Companies that lack compensation processes often don’t have the resources to manage the complexity of compensation initiatives effectively. Planning, creating, and maintaining a compensation strategy…
How to Structure Compensation
October 01, 2020
It has been proven that companies can effectively operate with a remote workforce. This guide provides an effective compensation strategy to meet the needs of a distributed workforce. When…
How to Manage Compensation
June 09, 2020
COVID-19 has turned HR processes on their head and companies are having to adjust quickly. As a result, companies need to revisit compensation programs to prepare for the future by reassessing job…
5 Steps to Job Leveling
April 01, 2020
What is Job Leveling? Job leveling is a vital foundation for reward and talent management programs. Career paths, compensation, learning and development, performance management, and workforce planning…
