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Compensation Strategy

It's Time to Pay Differently

New market realities require a different approach to compensation.

Strategy Brand
What We See

The Talent Market Is Demanding A New Approach to Pay

We've been paying the same way for decades, based on "best practices" that no one can prove actually work. It is time for compensation structures to evolve and reflect a changing talent market.

Legacy Practices

What We've Been Doing

  • Reliance on salary ranges - by office - centered around market medians
  • Focus on pay as the primary lever for talent attraction and retention
  • Using consultant-driven pay surveys as the only trusted source of data
  • Design incentives assuming "coin operated" employees

New Realities

What Challenges These Practices

  • Office locations become less prominent as workplaces virtualize
  • Pay exists in a greater context of meaning, balance, and impact
  • Proliferation of publicly available data shaping talent expectations
  • Human behaviors often invalidate incentive "best practices"

Our Compensation Insights

Compensation, Technology

Pave Partners with Greenhouse to Provide Offer-Based Insights

July 12, 2024
Pave recently announced Offer Insights, a new product to be launched within their Premium Market Data package. This...
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Compensation, Technology

Compa Expands From Offer Intelligence to Real-Time Benchmarks

July 12, 2024
Compa has announced the launch of Compa Benchmarks and Compa Stock Intelligence, entering the real-time data category...
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Compensation

Benchmarking Your Benchmarks: A Guide to Evaluating Compensation Market Data

July 8, 2024
In the competitive and ever-evolving world of compensation management, having reliable market intelligence is crucial....
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Compensation, Impact Stories

Creating Global Compensation Alignment With a New Compensation Structure

March 4, 2024
We recently supported a global software company bring its job architecture work to life by creating a harmonized global...
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Compensation, Delivery

The Big Challenge With Small Compensation Teams

March 4, 2024
Small compensation teams are hard to optimize. Here's our view on why - and how we work with clients to help.
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Compensation

The Ship Has Sailed: Compensation Benchmarking Leaves the Safe Harbor

January 26, 2024
Around half of compensation professionals are concerned about the legality of "real-time" benchmarking data. While it's...
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