Join Payscale’s Chief People Officer, Lexi Clarke, and Chief Finance Officer, James Redfern as they have an open conversation about the season and their keys to success.

1. Aligning HR and Finance for Success in
Compensation Budgeting Season

2. Today's Presenters:
James Redfern
Chief Finance Officer
Lexi Clarke
Chief People Officer

3. Today's Agenda
• How should HR and finance work together?
• How do you approach compensation budgeting season together?
• What do you expect as far as annual increase numbers?
• What do you do once the budget is set?
• What role does compensation software play in the budgeting process?

4. How should HR and
finance work together?

5. How do you approach
compensation budgeting
season together?

6. What do you expect as far as
annual increase numbers?

7. Actual pay increases
averaged out at 4.0%
in 2023 and is planned
at 3.8% in 2024

8. What do you do once the
budget is set?

9. What role does
compensation software play
in the budgeting process?

10. Payscale Compensation Planning
• Streamlined the review process
with one centralized, easy-to-use system
• Real-time visibility into review progress
and proactive stakeholder management
• Increased manager confidence
when communicating pay with employees
Screenshot of Manager Review Screen in
Payscale Compensation Planning

11. Q&A
Feel free to ask any questions in the chat!