Comp is a Team Sport

Mykkah Herner, MA, CCPModern Compensation Evangelist

Kari Van Hoof, CCPCompensation Professional

A copy of the presentation and recertification credit will be sent out within a couple of business days

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Kari Van Hoof, CCPCompensation Professionalhttps://www.linkedin.com/in/kvanhoof

Mykkah Herner, MA, CCPModern Comp Evangelist

https://www.linkedin.com/in/mykkahherner

www.payscale.com

Three-quarters of messages to employees about pay are delivered by managers

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Only 17% of organizations are very confident in their managers’ abilities to

have difficult pay conversations

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WHY?

https://unaffiliatedbuddhist.com/2011/03/01/we-rise-from-the-same-place-that-we-fall/zen-stones-in-sand/

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If comp is a team sport, what are the positions?

How can I define manager involvement?

When and how do I get people to play?

Getting started

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Team Positions

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http://www.nbcolympics.com/news/preview-day-8-rowing-rio

Crew Positions as a Metaphor

Coxswain

Stroke

Bow

Engine Room

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Crew Positions as a Metaphor

Coxswain

Stroke

Bow

Engine Room

HR

Executives Employees

Managers

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The Coxswain: HR

• Align the strategy

• Coordinate processes

• Update and inform organization

• Provide resources

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The Stroke: Executives

Set the pace

• Philosophy and strategy

• Transparency

• Approvals

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The Bow: Managers

• Know employees

• Communicate

• Provide input to job descriptions, increases, and promotions

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The Engine Room: Employees

• Be honest

• Listen actively

• Ask clarifying questions

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Manager Involvement

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Understanding Compensation

https://pauljackson1973.wordpress.com/2013/11/19/p2-development-vector-website/

Elements of a comp plan

• Philosophy• Strategy• Ranges• Policies• Processes

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Providing Input

• Job Description• How the jobs align• Hiring rate• Promotions• Increases• Performance

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Communicating

https://mollyfield.me/2012/09/23/communication-filters/

• Help managers understand the opportunity

• Clarify job expectations• Connect the dots• Reiterate key comp messages• Share market or range data• Communicate ongoing

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Getting people to play

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Find the right motivation

http://www.essexrowing.org/pr/library/2008/pr081708.html

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Help them learn how to play

• Negotiation skills

• Communication skills

• Compensation knowledge

• Performance management proficiency

• Connect the dots

http://www.saratogarowing.com/learn-to-row-saratoga/

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Identify things that may prevent them from playing

• Morale

• Trust

• Flexibilityhttp://hypnosishealthinfo.com/overcome-fear-

water-hypnosis-mp3-download/

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Provide Resources

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Celebrate your wins!

http://dev.riptapparel.com/best-photos-of-to2015-week-1/71275/

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Getting Started

• How and when do conversations about pay happen at your organization?

• Is your compensation plan clearly articulated?

• Are your executives on board with your compensation plan?

• How much support will your managers need to play a more active role in compensation?

• Do you have the resources in place to support comp as a team sport in your organization?

PayScale Delivers Where Other Compensation Providers Fall Short

PayScale leads the world in compensation knowledge with the freshest and most detailed data from over 54 million salary profiles. More than 3500 organizations use PayScale’s software and intelligence to get the greatest return on their talent. Smart businesses use PayScale Insight to recruit, retain and motivate their people.

Visit our blog: www.payscale.com/compensation-todayJoin our Group on LinkedIn: Compensation Today: HR Best Practices

Kari Van Hoof, CCPCompensation Professional

Mykkah Herner, MA, CCPModern Compensation Evangelist

www.payscale.com