There’s no shortage of rapid change in this new era of the employee, and compensation is no exception.
Since 2020, employees have had to navigate the financial stressors of a pandemic, skyrocketing inflation, and now, news of layoffs at companies known for their employer brand.
Meanwhile, their employers are facing a subdued economic environment while trying to meet varying employee expectations around pay and reward.
For a compensation strategy to succeed in the era of the employee, it not only needs to be managed, it needs to evolve. This checklist covers what you need to manage and evolve your employee compensation strategy.
The checklist covers:
- Talent management
- budget
- Job performance and pay Increases
- pay equity
- Staffing priorities and work architecture
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What you need to manage and evolve your compensation strategy.
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