Webinar - Key Habits of Top-Performing Compensation Teams
Payscale
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12 slides
Jul 25, 2024
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About This Presentation
Join a panel of compensation leaders from United Therapeutics, DPR construction, National Debt Relief, and Payscale as they explore the key habits that have made their comp teams so successful.
Size: 467.31 KB
Language: en
Added: Jul 25, 2024
Slides: 12 pages
Slide Content
Key Habits of Top-Performing
Compensation Teams
Today's Presenters
Jennifer Walters
Compensation Leader
DPR Construction
Amy Stewart
Associate Director,
Content Marketing
Payscale
LizDwyer
HR Exec Leader
NationalDebt Relief
JohnGulezian
Associate Director of
Compensation
United Therapeutics
Top Performers Report
How organizations that exceeded their revenue
goals in 2023 maximize revenue through
investments in strategic compensation.
https://www.payscale.com/research-and-insights/top-performers-report/
How do you differentiate yourself
when it comes to compensation
strategy, and specifically how comp
management practices drive
success?
What do you think sets a high
performing compensation team
apart? Any daily habits, actions,
advice?
What are the hot trends in
compensation that differentiate top
performers and where is your
organization is currently excelling?
52%
34%
Provide accessible pay communications
59%
51%
Have a compensation strategy
40%
29%
Line-item pay increases
71%
61%
Proactively address underpaid employees
31%
17%
Use non-traditional data sources
9%
3%
Use AI to benchmark jobs or predict pay
Top performers Non-top performers
8% diff 17% diff
11% diff10% diff 6% diff
14% diff
In what ways do you optimize
the effectiveness of your
compensation programs?
In what ways do you measure the
effectiveness of your compensation
programs, and how do you adjust
them to stay competitive in the
market?
Looking ahead, what trends do you
foresee shaping the future of
compensation practices, and how is
your organization preparing to stay
ahead of the curve?
What is one piece of parting
advice you’d like to give?