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  • Comp budgeting 3: How to request money for your comp budget

    Tessara Smith, PayScale

    If you read parts 1 and 2 of these three part series on comp budgeting, you now know how to handle compensation and inequities. Now that you know exactly how you are going to implement your comp plan there’s one last hurdle to surmount -- you still need to convince your superiors of why this compensation budget is necessary. Asking for more money is not always an easy topic to bring up when approaching your superiors. In order to get your newly formed budget approved, you will need to get all your ducks in a row.

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  • Comp budgeting: How to identify compensation inequities

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    Tessara Smith, PayScale

    In this first part of our three part email series on Compensation Budgeting, we take a look at compensation inequities. Compensation inequities can occur at an organizational, departmental, positional, or even individual level. To run a successful business and maintain employee satisfaction you have to know how to identify and resolve these inequities. To follow are some things you should be aware of at each level

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