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Why You Need A More Agile Compensation Structure
In the past few years, we’ve seen organizations of all sizes move away from a grade-based structure towards a market-based model where each job is priced according to its value in the market. At a time when concerns about hiring and retention are high, business and rewards leaders have come to realize that having a comp strategy that emphasizes speed, flexibility, and transparency is key to creating a winning workplace.
Read this whitepaper and learn:
- Workforce trends that are putting pressure on the grade-based structure
- What it means to make your compensation plan more agile
- The key benefits of using job-based ranges
- When to use job-based ranges and how to get started
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About our Sponsor, PayScale:
Creator of the world’s largest database of rich salary profiles, PayScale offers modern compensation software and real-time, data-driven insights for employees and employers alike. More than 6,000 organizations, from small businesses to Fortune 500 companies, use PayScale products to power pay decisions for more than 13 million employees. For more information, visit www.payscale.com.