Compensation Best Practices (HR Checklist + Guide)
Compensation Best Practices (HR Checklist + Guide)
Retain top talent and stay competitive by offering the right pay.
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The majority of workers prioritize compensation.
In fact, employees in a Society for Human Resource Management study rated compensation/pay the second most important contributor to job satisfaction.
As a business leader, it may be challenging to establish what compensation amount is optimal for each employee and your overall company. We’re here to help.
In this guide, we’re providing:
- Research on compensation and pay
- Reflective questions for compensation strategizing
- Market data resources
- A checklist for compensation planning
- Tips for conducting a pay audit
- And more!
Compensating and rewarding your employees fairly shows you value their work and value them on a human level. Get started with this checklist and guide.
Also, don’t miss our POPS! The People Ops Podcast episode “How and Why Small Business Can Close the Gender Pay Gap.”
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