3 Ways to Overcome the Painful Increase Process
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3 Ways to Overcome the Painful Increase Process
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The Annual Pay Change Process
Why is it important?
Who is involved?
How PayScale can help
Takeaways
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10%
of medium-sized companies are confident in their managers’ ability to talk pay.
Source: 2016 PayScale CBPR
75% of pay conversations
are between managers and employees
Source: CEB
The Players
Exec
HR
Manager
Employee
I need to know what will drive business results and that we are
keeping our key people
I want to know I am getting
the best deal
I need to be able to execute on my strategy and keep in
sync with managers and leaderships. AND STAY ON
BUDGET
I want to know the plan and that it can I can keep my top
performers &attract top talent
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PayScale CrewSame page, not the same spreadsheet
Have confident conversationsKeep it simple Make comp a team sport
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Live Demo
Takeaways
Start NOW - don’t let perfection be the enemy of the good
Use technology to comp smarter, not harder
Pat yourself on the back
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Questions
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