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Tesla and Musk fail to convince a judge to reinstate the CEO’s compensation package worth more than $50 billion

HR Brew

Elon Musk will not receive a compensation package worth more than $50 billion after a Delaware judge on Monday affirmed her earlier ruling that rescinded the pay Tesla had awarded its chief executive officer, the New York Times reported. Design your CEO’s compensation package. Prepare to justify the compensation plan.

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Their insights can guide decisions on resource allocation, compensation strategies, and more. The Overlap Between Compensation and Workforce Planning An essential aspect of workforce planning is the alignment of compensation strategies with workforce strategies.

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3 tips for designing a compensation package less scrutinized than Elon Musk’s

HR Brew

Earlier this year, the compensation plan was rescinded by a Delaware judge, who argued that the billionaire was overpaid and investors were misled about the independence of the board when they approved it the first time around. Don’t let the CEO design their own compensation package. Be ready to justify the compensation plan.

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The 5 Biggest Compensation Strategy Challenges for HR Leaders

15Five

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. They also want fairness and equity, both in the way they’re treated and how they’re compensated. . Common compensation strategy challenges.

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5 Steps to a Smart Compensation Plan

Speaker: Camie Bailey, Software Implementation Manager, PayScale

Watch this webinar on demand and get key tips on how to develop a fair compensation plan with accurate salary benchmarking. We're now in an employee's market where organizations fight tooth and nail to get top talent. Payscale will show you how to create a modern comp plan from intention to implementation.

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Driving 2025 transformation: Why HR leaders choose Bob

HiBob

Additional features, like multi-site functionality with localized org charts, and benchmarks, empower HR leaders to create a dynamic, responsive work environment that supports flexibility and productivity. Bob also helps HR teams create a balanced, agile workforce with tools to assess compensation levels and track project progress.

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Attract and retain talent with Bob’s Compensation Benchmarking powered by Mercer

HiBob

Prospective employees demand higher salaries, better perks, and more flexibility, and many companies are adjusting their compensation packages to attract the best talent. Compensation benchmarking also considers geographic location, company size, years of experience, and education level, to ensure accurate and relevant data.

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Small Business Guide to Comp Benchmarking

Download this eBook and learn: How to choose a compensation strategy. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have. What comp data sources to use. How to turn market data into guidelines for pay.

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Un”comp”licating Compensation - Building a Brand People Want to Work for

Speaker: Kathy Steele, CEO, Red Caffeine

Then fair and transparent compensation and benefits are the way to affirm your organization is dedicated to this pillar of the business. Simple steps you can take to benchmark your employer branding plan and measure its success. Are people your greatest asset?

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How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges. Choose benchmark positions and slot non-benchmark positions into your pay structure. So how can you set your pay ranges just right?