Setting employee compensation isn’t easy, especially in today’s ever-evolving market. Organizations must balance limited budgets with the need to stay competitive in a constantly changing job market. At the same time, leaders must ensure pay is fair across...
Beyond Numbers Communicating Compensation Value to Staff If you were to ask some of your employees to explain your organization’s compensation philosophy, what do you think they would say? Likely, the cold, hard numbers would come up—the dollar amounts reflected on...
Pay Equity Audit: Results and Implementation A Pay Equity Audit is increasingly gaining attention among organizations as a tool to assess pay through the lens of equity and fairness in the workplace. While a Pay Equity Audit may be a one-time event, the process of...
What, Why, When, and How to Conduct a Pay Equity Audit Pay Equity Audits are gaining increased attention from organizations aiming to assess compensation through the lens of equity and fairness. In this article, Susan Kreeger, founder and CEO of ProspectHR, explores...