Comp 101


Comp 101

By now, it’s well-accepted that a comprehensive, up-to-date compensation plan is a must for successful business.

A tight talent market means organizations are focusing more than ever on strategies to retain and hire top employees, compensation being a big one. Unfortunately, putting together a strong compensation plan is no easy task. It requires in-depth thought, cross-team collaboration and real effort.

Not to worry; this ebook is here to help. Inside, you’ll find all the info you need — including both the fundamentals as well as a step-by-step action plan — to build a solid compensation plan, and manage compensation successfully.

Topics covered include:

  • Deciding on your compensation philosophy and strategy
  • Selecting market data sources
  • Setting pay guidelines or ranges
  • Creating comp policies and processes
  • Implementing your plan and keeping it updated