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Home > Payscale, Inc > 5 Easy Steps to a Smart Compensation Plan

5 Easy Steps to a Smart Compensation Plan

White Paper Published By: Payscale, Inc
Payscale, Inc
Published:  Jan 16, 2014
Type:  White Paper
Length:  8 pages

As the HR leader, you need to lead your company through the compensation planning process. Do you know how?

5 Easy Steps to a Smart Compensation Plan is a succinct, step-by-step guide to compensation planning and salary benchmarking. Key topics include how to:

  • Plan ahead and get buy-in from company leadership
  • Age and weigh your compensation data
  • Calculate the midpoint of a salary range
  • Perform compensation analytics
  • Stay consistent and perform regular updates

Tags : 
compensation planning, salary range, salary benchmarking, compensation analysis