A comprehensive compensation plan can guide your organization in its talent strategies, but a modern comp plan drives organizational success. Modern compensation planning is rooted in your company’s goals and uses pay as a lever to increase employee retention, engagement, and performance. Whether you’re creating a modern compensation plan for the first time or updating an existing one, these five steps will help you create a plan that sets your organization up for long-term success.
Join PayScale’s Krystal Praast and Diane Schuman to learn how to create a modern comp plan from intention to implementation.
Register for this webinar and you’ll learn about:
- The importance of laying the groundwork for comp success
- How to build market-based pay ranges
- The path to successfully implementing your plan