Blog
Articles for compensation teams, page 7
Practical guidance on market pricing, salary surveys, pay structures and pay conversations, written by compensation analysts.
The Advantages of Salary Grades
The advantages of salary grades: more flexibility than job-by-job market targets, less survey volatility, and a balance of market value and equity.
Justin Hampton · Sep 21, 2022Strategy and leadershipProject WALDO
Where are leaders departing and originating from? Project WALDO shows who you compete with for talent, using onboarding, exit survey and LinkedIn data.
Justin Hampton · Sep 21, 2022Merit and incentivesThe Problem With Capping Promotional Increases
The problem with capping promotional increases: caps leave promoted employees below market. See the survey data and the cost math behind paying fairly.
Justin Hampton · Sep 21, 2022Market pricingDoes Competitive Pay Equal Being Competitive?
Does competitive pay equal being competitive? Practitioners weigh in on percentiles, flawed market data and why total rewards matter more than one number.
Justin Hampton · Sep 21, 2022Global payYour Geographic Differentials are Probably Wrong
Geographic differentials are complex and your salary surveys may already have some differential built in. Here's how to manage that.
Justin Hampton · Sep 21, 2022Market pricingHow to Choose a Salary Survey
How to choose a salary survey: check methodology, participants, job leveling, employer-reported data, industry fit and the policies and practices section.
Justin Hampton · Sep 21, 2022Pay structuresThe Best Way to Explain Job Levels
The best way to explain job levels to managers: use incumbent counts by level from your salary surveys, with an accounting example and sample questions.
Justin Hampton · Sep 21, 2022Pay structuresCreate a Salary Grade Chart
Create a salary grade chart in Excel step by step. Build a stacked column combo chart showing grade ranges, average salary and market value.
Justin Hampton · Sep 21, 2022Strategy and leadershipA Compensation Discussion With Kevin Raines
A compensation discussion with recruiter Kevin Raines of Comp Execs on hiring for comp roles, remote work, new hire premiums and advice for job seekers.
Justin Hampton · Sep 21, 2022