payscale crew: making comp a team sport
TRANSCRIPT
PayScale Crew:Making Comp a Team Sport
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The Why
The Annual Pay Change Process
The Players & Their Roles
How to Play with Crew
Highlights
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3%
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How are you managing comp?
Survey
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10%
of medium-‐sized companies are confident in their managers’ ability to talk pay.
Source: 2016 PayScale CBPR
75% of pay conversations
are between managers and employees
Source: CEB
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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PayScale CrewSame page, not the same spreadsheet
Have confident conversationsKeep it simple Make comp a team sport
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Live Demo
Eliminated miscommunications &
guesswork
Gave managers confidence in HR
decisions
Made comp a team sport at…
Saved hours in administrative tasks
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
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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Questions