As the HR leader, you need to lead your company through the compensation planning process. Do you know how?
5 Easy Steps to a Smart Compensation Plan is a succinct, step-by-step guide to compensation planning and salary benchmarking. Key topics include how to:
- Plan ahead and get buy-in from company leadership.
- Age and weigh your compensation data.
- Calculate the midpoint of a salary range.
- Perform compensation analytics.
- Stay consistent and perform regular updates.