payscale crew: making comp a team sport
TRANSCRIPT
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PayScale Crew:Making Comp a Team Sport
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www.payscale.com
The Why
The Annual Pay Change Process
The Players & Their Roles
How to Play with Crew
Highlights
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www.payscale.com
3%
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www.payscale.com
How are you managing comp?
Survey
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www.payscale.com
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www.payscale.com
10%
of medium-‐sized companies are confident in their managers’ ability to talk pay.
Source: 2016 PayScale CBPR
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75% of pay conversations
are between managers and employees
Source: CEB
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The Players
Exec
HR
Manager
Employee
I need to know what will driving business results and that we are
keeping our key people
I want to know I am getting the best deal
I need to be able to execute on my strategy and keep in sync with managers and leaderships. AND STAY ON
BUDGET
I want to know the plan and that it can I can keep my top
performers &attract top talent
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www.payscale.com
PayScale CrewSame page, not the same spreadsheet
Have confident conversationsKeep it simple Make comp a team sport
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www.payscale.com
Live Demo
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Eliminated miscommunications &
guesswork
Gave managers confidence in HR
decisions
Made comp a team sport at…
Saved hours in administrative tasks
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Confident Conversations
“it feels more real, makes it feel like we've done our research and that we are doing it the right way. -‐VP
“ I think that they [managers] have confidence in the system..”-‐HR
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Comp is a Team Sport
“Feel like we are going to do really well with this.” -‐CFO
“Normally we are arm wrestling. I think she's starting to understand where I’m coming from now.” -‐Manager
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www.payscale.com
Questions