Bankers Healthcare Group
CREATING TRUST AND GETTING BUY-IN AT THE LEADERSHIP LEVEL

PayScale Insight Lab helps Bankers HealthCare Group create compensation structure and increase transparency across the entire organization

PayScale Insight Lab helps Bankers HealthCare Group create compensation structure and increase transparency across the entire organization

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Employees
488
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Industry
Financial Services
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Product
Insight Lab
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Region
East Coast, Headquarters in Florida
Why PayScale?

The freshest and most accurate salary data on the market.

Essential software for creating compensation structure.

Keep track of pay with analytics to achieve strategic HR goals.

Ongoing access to thought leadership and compensation experts.


Pain Points
No market data
Lacking confidence and trust throughout the organization
Getting buy-in from leadership

“We’ve been able to really nail down what it is that we are trying to achieve here, and continue to stay competitive in a market that has the lowest unemployment that we’ve had in years.”

- Katie Barnes, Director of People Operations, Bankers Healthcare Group

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The Results
Make decisions with confidence.

“[Our partnership with PayScale] has been extremely beneficial for us, I think just around creating structure in the way that we’re making decisions, creating trust around the organization and getting that buy-in all the way at the leadership level.”


Evolution as a business.

“We’ve evolved quite a bit over the last few years. When we first purchased PayScale, we used the platform to run market reports when we weren’t sure what a person should get for a raise or promotion, we would run market reports when hiring for new roles. We used it that way for a couple of years until we came to our first Compference and realized, wow, there is so much more that we can do with this platform.” “Over the last year or two we’ve really started to use the platform to create the structure around why we make compensation decisions the way that we make them.” Insight Lab took the guessing out of compensation for Barnes and her team. “It’s allowed us to go to leadership and say when we really need resources in an area. We’ve been able to hire resources in the compensation space that we didn’t have, before people were wearing multiple hats.”

Start the Transformation

We can help you bring modern compensation to life in your organization.