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3 Ways to Overcome the Painful Increase Process

3 Ways to Overcome the Painful Increase Process

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3 Ways to Overcome the Painful Increase Process

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The Annual Pay Change Process

Why is it important?

Who is involved?

How PayScale can help

Takeaways

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10%

of medium-sized companies are confident in their managers’ ability to talk pay.

Source: 2016 PayScale CBPR

75% of pay conversations

are between managers and employees

Source: CEB

The Players

Exec

HR

Manager

Employee

I need to know what will drive business results and that we are

keeping our key people

I want to know I am getting

the best deal

I need to be able to execute on my strategy and keep in

sync with managers and leaderships. AND STAY ON

BUDGET

I want to know the plan and that it can I can keep my top

performers &attract top talent

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PayScale CrewSame page, not the same spreadsheet

Have confident conversationsKeep it simple Make comp a team sport

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Live Demo

Takeaways

Start NOW - don’t let perfection be the enemy of the good

Use technology to comp smarter, not harder

Pat yourself on the back

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Questions