PayScale Crew: Making Comp a Team Sport

Post on 14-Apr-2017

243 views 1 download

Transcript of PayScale Crew: Making Comp a Team Sport

PayScale  Crew:Making  Comp  a  Team  Sport

www.payscale.com

The  Why

The  Annual  Pay  Change  Process

The  Players  &  Their  Roles

How  to  Play  with  Crew

Highlights

www.payscale.com

3%

www.payscale.com

How  are  you  managing  comp?

Survey  

www.payscale.com

www.payscale.com

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  driving  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

www.payscale.com

PayScale  CrewSame  page,  not  the  same  spreadsheet

Have  confident  conversationsKeep  it  simple Make  comp  a  team  sport

www.payscale.com

Live  Demo

Eliminated  miscommunications  &  

guesswork

Gave  managers  confidence  in  HR  

decisions

Made  comp  a  team  sport  at…

Saved  hours  in  administrative  tasks

Confident  Conversations

“it  feels  more  real,  makes  it  feel  like  we've  done  our  research  and  that  we  are  doing  it  the  right  way.  -­‐VP

“  I  think  that  they  [managers]  have  confidence in  the  system..”-­‐HR

Comp  is  a  Team  Sport

“Feel  like  we  are  going  to  do  really  well  with  this.”  -­‐CFO

“Normally  we  are  arm  wrestling.  I  think  she's  starting  to  understand  where  I’m  coming  from  now.”  -­‐Manager

www.payscale.com

Questions