Comp 101

White Paper Published By: Payscale, Inc
Payscale, Inc
Published:  Apr 04, 2018
Type:  White Paper
Length:  17 pages

A tight talent market means organizations are focusing more than ever on strategies to retain and hire top employees, compensation being a big one. Unfortunately, putting together a strong compensation plan is no easy task. It requires in-depth thought, cross-team collaboration and real effort.

Not to worry; this ebook is here to help. Inside, youíll find all the info you need ó including both the fundamentals as well as a step-by-step action plan ó to build a solid compensation plan, and manage compensation successfully.

Topics covered include:

  • Deciding on your compensation philosophy and strategy
  • Selecting market data sources
  • Setting pay guidelines or ranges
  • Creating comp policies and processes
  • Implementing your plan and keeping it updated



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