Knowledge is Power When it Comes to Compensation Planning

Compensation is a key driver of employee engagement and retention. To succeed in a dynamic market, it’s crucial for organizations of all sizes to be able to offer competitive compensation packages.

In this guide, you’ll learn the basic steps your organization needs to take to develop and implement a competitive, fair, and flexible compensation strategy to drive business and bolster employee engagement.

This Guide Includes:

• Developing a Compensation Strategy
• Selecting and Using Market Compensation Survey Sources
• Assessing Internal Equity
• Creating Salary Structures
• Determining Pay Increases
• Compensation Tips