PayScale Crew: Making Comp a Team Sport

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PayScale Crew: Making Comp a Team Sport

Transcript of PayScale Crew: Making Comp a Team Sport

Page 1: PayScale Crew: Making Comp a Team Sport

PayScale  Crew:Making  Comp  a  Team  Sport

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The  Why

The  Annual  Pay  Change  Process

The  Players  &  Their  Roles

How  to  Play  with  Crew

Highlights

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3%

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How  are  you  managing  comp?

Survey  

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10%  

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

Source:  2016  PayScale  CBPR

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75%  of  pay  conversations

are  between  managers  and  employees

Source:  CEB

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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

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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

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Eliminated  miscommunications  &  

guesswork

Gave  managers  confidence  in  HR  

decisions

Made  comp  a  team  sport  at…

Saved  hours  in  administrative  tasks

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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

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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

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Questions