Comp 101

In today’s environment, employee needs evolve and change quickly. According to Pew Research Center, 63% of workers who quit a job in 2021 cited low pay as one of the major reasons they left.

Top-performing companies understand the role that compensation plays in engaging their employees as well as supporting their business objectives to ensure long-term success. To attract talent and keep employees happy, you need a strategic compensation plan. Today’s candidates are looking for organizations that have all the components of a basic compensation package.

In Compensation 101: A how-to guide for beginners, you’ll find the information you need — including both the fundamentals as well as a step-by-step action plan — to build a solid approach and manage compensation successfully.