How SortedHat helps you make better compensation decisions

Webinar 12/4; The Future of Fair Pay - Trends & Challenges in the Workplace Join Salary.com's Garry Straker, VP of Compensation Consulting, as he guides you through the current landscape of #DEI initiatives, exploring challenges and giving you the #compensation strategies that support #recruitment and #retention goals in the workplace. https://buff.ly/4gdgUWq #getpayright

Constructive #communication around pay is vital. It allows companies to collaborate with employees to build a #compensation plan that best serves the entire company. “Pay transparency fosters employee understanding around pay programs and practices, which, when perceived as fair, provides several benefits — from boosting employee trust and morale to attracting top talent,” - Courtney LeCompte, MPS, PHR; Salary.com. recently quoted by WorldatWork See our latest #whitepaper: Ten Pillars of World-Class Compensation Function to #getpayright.

Compensation is always a hot topic in executive search. There are three pillars to be considered: 1. Survey data from companies like ERI and Comp Analyst. 2. The company's budget for the role. 3. Market data from actual candidates. All three pillars must be considered when defining a role and recruiting for a position!

Stay competitive and attract top talent! 💼📊 Using a salary benchmark tool ensures your compensation packages align with industry standards, helping you retain the best employees and build a strong workforce. Don't leave pay to guesswork—let data lead the way! Learn more about Compensation Benchmark Review here: https://lnkd.in/gMRsMgv3 #SalaryBenchmarking #HRInsights

Our latest webinar featuring experts from TriNet and Carta is just around the corner–Tuesday, November 19! Balancing Act: Mastering Salary and Equity Compensation Strategies November 19 | 1 PM CST | Virtual RSVP here: https://hubs.ly/Q02Yps300 RSVP today to dive deep on important HR topics like: -- Current trends in salary structures and equity compensation -- Equity options and their implications for both employers and employees -- How to tailor compensation packages to different roles and career stages -- Communicating the value of equity to potential and current employees -- Insights on compliance and best practices in equity management Attracting top talent isn’t easy. Have you faced any hurdles while creating competitive compensation packages? Let us know in the comments, and we'll have the experts weigh in during the webinar!

Stay competitive and attract top talent! 💼📊 Using a salary benchmark tool ensures your compensation packages align with industry standards, helping you retain the best employees and build a strong workforce. Don't leave pay to guesswork—let data lead the way! Learn more about Compensation Benchmark Review here: https://lnkd.in/gMRsMgv3 #SalaryBenchmarking #HRInsights

In our latest Compensation Conversations video, Melissa Dugan, MBA and Jeffrey Harvey discuss the power of compensation transparency in attracting top talent. From leveraging accurate salary data to balancing budgets with real market trends, discover the three pillars of a competitive compensation strategy. #HR #Compensation #ExecutiveSearch #PayTransparency #Budget #SalaryTrends

To retain top talent and ensure your compensation packages remain attractive, engaging in compensation benchmarking is essential. This ongoing process involves detailed research, data gathering, and analysis to compare your company's compensation with that of industry standards, competitors, and the local market. By keeping abreast of industry trends and market fluctuations, your organization can make informed decisions on adjusting compensation strategies. This not only helps in attracting new talent but also plays a crucial role in retaining the valuable employees you already have. Regular compensation benchmarking reaffirms your commitment to fair and competitive compensation, contributing significantly to employee satisfaction and loyalty. #employeebenefits #humanresources #hrsupport

⚠️ 70% of employees felt their last compensation review was unfair—and 44% are considering a job change. 💡 To retain top talent, businesses must prioritize fair and effective compensation reviews. 📊 https://aihr.ac/4jfvejE ⇠ Here's how to assess your pay practices and prepare managers for critical conversations. 💬 How do you ensure fairness in your compensation reviews? Share your insights below! #HR #FairPay #HRStrategy #TalentRetention #EmployeeEngagement

📖 New Human Resources Blog: "Understanding Compensation Structures" Compensation Structures: Compensation structures are not just about salaries; they are about recognizing and rewarding the value employees bring to an organization. Here's why they matter: 1. Talent Attraction: Competitive compensation structures attract top talent and give organizations an edge in the job market. 2. Retention: Well-structured compensation plans help retain valuable employees, reducing turnover. Read more here: https://lnkd.in/eRDY3mbP 🐦 New Q+A Tweet Read my answer here: https://lnkd.in/ekRrnWcZ #TheInquisitiveLearnerSeries