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Fundamentals of Compensation

Webinar Recording

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Join the PayScale Compensation Professionals team for a webinar on the Fundamentals of Compensation. Whether you are brand new to compensation or looking to brush up on the building blocks, this session is for you!

Join us as we review the fundamentals of compensation. We will dive into the steps of designing, executing, and administering a compensation program. We will also touch on communication best practices and the differences between market data sources. Walk away with the knowledge you need to hit the ground running in compensation.

At the end of the webinar we were asked what market data source category Payscale falls into. To clarify, Payscale provides two types of surveys:

• Crowdsourced: This data is built upon our proprietary machine learned model developed over 15 years of big data analytics, human expertise, and customer insight. Our methodology leverages employee submitted data and a proprietary algorithm.
• Internal/HRIS Data: This data is aggregated from Payscale's clients' HRIS data quarterly