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Strategy Not Part of Your Rep? Here's How to Change Their Minds

Compensation Cafe

In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. For example, identifying talent needs for the next two to three years (which you can then translate into recruiting and compensation practices).

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Three Tips on Nonprofit Job Pricing Plus a Few on Benefits, Too!

Compensation Cafe

A unique Mission, wide catchment area and specialized staff that make pay comparisons uncomfortable. For example, most retirement plans and medical plans are unique to an organization in one way or another, so they are not good candidates for aggregated data. Negligible budgets for commercial surveys. And that's just for starters.

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Is Pay Transparency a Gift? Agree, No Opinion, Disagree

Compensation Cafe

Pay-for-performance: "I am satisfied with how pay raises are determined.". Competitiveness: "In comparison with those in other companies with jobs similar to mine, I feel my pay is okay.". Here are a couple of examples: My manager has explained how the compensation program works. I know the salary range for my job.

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How Betty Crocker Thinks about Compensation

Compensation Cafe

Why ask managers and employees about how they understand pay for performance, when you're not planning to change the performance management process any time soon? I've finally come up with a good comparison that I want to share with you. I'm sure some Compensation Cafe readers can kick in more examples.

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Compensation Communications that Hit the Mark This Time

Compensation Cafe

We'll talk about how this works in a minute, but let's start by checking out this comparison. In each of these examples, you'd think about how you could influence your "audience" to agree with you before you spoke with them. Think back to the earlier example. Earlier, she was a Principal at Willis Towers Watson.

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Ripped from Today's Global Headlines: Lessons on Executive Pay Ratio Communications

Compensation Cafe

You can expect the Executive Pay Ratio and Median Employee to be used as anchors for comparison. Gracie did not make the list because of her £135,000 salary, but was clued into the size of the pay disparity compared to others in similar positions when, for example, the BBC's North America editor's salary was shown to be £200,000 to £249,000.