Getting pay right is essential for companies looking to hire talent and retain valuable employees. Pay too much and you’re killing the bottom line. Pay too little and you might lose that star employee to the competitor down the road.
Drilling down to the right salary amount for any particular employee or job is complicated with many moving parts affecting pay. Factors such as degree, skills, certifications, title, years’ of experience, and industry are just a few of the many (250 to be exact) compensable factors that PayScale tracks to give you the most accurate market matches available for your jobs.
This free whitepaper, 5 Easy Steps to a Smart Compensation Plan, will help you get pay right for recent graduates or any employees.