Compensation 101 - How to develop a philosophy around your compensation & rewards approach that employees understand and care about.

Compensation 101 - How to develop a philosophy around your compensation & rewards approach that employees understand and care about.

• Date: April 01, 2025
• Time: 9:00 a.m. - 10:30 a.m.
• Location: Online

What's a Compensation Philosophy and why is it important? Often, companies are changing and growing  so quickly that building a comprehensive and comprehensible compensation, rewards & career development program is still often an afterthought. This can be an expensive mistake, as losing key talent during any phase of your company's growth is costly, and avoidable. 

Studies have shown that employees have higher levels of engagement when they understand the purpose and philosophy driving their company’s compensation & rewards programs. Your compensation & rewards philosophy is a foundational element that outlines how you value and reward your employees, and a critical piece to your company's pay transparency program. In this session we’ll explore how a compensation & rewards philosophy is structured; various compensation and rewards elements; how to define your market scope; and how to include employees in this process.

You’ll walk away with useful resources to get started on creating a powerful philosophy for your organization.  

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