Webinar
How to plan salary budgets in an unpredictable labor market
August
06
|
9:00 am
–
10:00 am
PT
Lexi Clarke
Chief People Officer, Payscale
Brittany Vogel
Director of People Operations, Leapfrog Brands
Lexi Clarke
Chief People Officer, Payscale
Brittany Vogel
Director of People Operations, Leapfrog Brands
Register for Webinar
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Most organizations still build salary budgets once a year. The problem? The labor market doesn't wait for your planning cycle.
Compensation teams are navigating changing market rates, shifting hiring plans, retention pressure, and evolving business priorities throughout the year. Yet many budgeting processes still rely on assumptions that become outdated long before salary decisions are made.
Join Payscale Chief People Officer Lexi Clarke and Brittany Vogel, Director of People Operations at Leapfrog Brands, as they discuss how leading organizations are rethinking salary budgeting for today's labor market. You'll learn practical approaches to building more flexible compensation plans that can adapt as business conditions change.
You'll learn how to:
- Understand why traditional salary budgeting approaches struggle in today's labor market
- Improve budget forecasting by incorporating changing market and workforce conditions
- Build a more continuous approach to compensation planning that better supports business decisions
