Frances, one of my readers, recently commented to me as follows : I have to create salary ranges and compare the current salary to market data. This will allow me to make the determination if the person’s pay is within the acceptable range. Year-end is approaching and I am starting to get more questions around…
All you need to know : from compensation surveys to salary ranges and salary review
November 20, 2012 by 2 Comments
Updating salary ranges… or not ?
November 1, 2012 by 1 Comment
When the time of salary review approaches, most Compensation managers will start preparing by reviewing the salary ranges in their organisation. Using data from compensation providers, we look at the midpoint, minimum and maximum of our salary ranges. Do they still reflect the market ? The first consideration should be “how do we define market”…
Four collective tactics to deal with pay compression
October 9, 2012 by 8 Comments
Today, I will share some of my favorite ideas on how to address pay compression in a systematic, collective manner. This is the third and final part in my mini-series on pay compression, which was initiated by a question from one of my subscribers. The first article covered how to deal with pay compression at…
Two tactics to deal with pay compression
September 23, 2012 by 2 Comments
Two weeks ago I described pay compression and, at the request of one of my readers, gave some advice on how to deal with it at the time of recruitment. Today I will go through 2 tactics around how to deal with pay compression at the individual, one-off level. I will cover collective tactics in…
Recruiters and the pay compression challenge
September 11, 2012 by 2 Comments
In today’s Reader Question I would like to thank Miatta, one of my newer subscribers, for sending me the following comment on pay compression : “My main struggle in Comp and Ben has been why it is difficult for recruiters or managers to understand the importance of why compensation professionals insist on making salary offers within certain…
4 considerations when creating a job title structure
June 5, 2012 by 5 Comments
In today’s Reader Question, I will explore the topic of how to create a job title family for your organisation. One of my friends recently had to open a whole new area for the company she works at. For the sake of the post, let’s say her company operates in retail and construction, and it…
Is the right person preparing your compensation survey file ?
May 27, 2012 by 2 Comments
Welcome to the final instalment in this May series on compensation surveys. After arguing why you should participate in compensation surveys and sharing 4 habits to simplify your preparation, and then 2 more tips to prepare the salary survey submission files, I gave some ideas of where you could look for information when benchmarking retail…
