Webinar: Get Pay Right with PayScale Insight
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Join us for a tour of PayScale Insight Expert, the product that gives you everything you need to nail compensation. Register for one of the below dates and get pay right.
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Webinar: Get Pay Right with PayScale Insight
- 1. Get Pay Right Compensation Foundation & Strategy Ken Roden Product Marketing Manager
- 2. The Way We Work Has Changed Data Driven Decisions TransparencyNew Expectations
- 3. Performance & Engagement Recruitment RetentionBudget & Revenue Compensation is the Keystone
- 4. Gained competitive understanding of Labor Markets Provided Executives with confidence in making top level decisions Eliminated the debate about Compensation Providing Confidence at …
- 5. o Benchmarking o Labor & Market Reports o Analytics Dashboard o Executive & Employee Reports PayScale Insight clear, visual, real-time
- 11. Communicating
- 12. o Recruit for competitive roles o Retain top talent o Engage your workforce o Gives confidence HR
- 13. o Strategic planning o Focus on growth o Create pay for performance culture Business Leaders
- 14. o Budgeting for Department costs o Team productivity o Communicating Comp Managers
- 15. o Empower and inspire o Create culture of transparency o Feel valued Employees
- 16. Why PayScale? Great People & Services We drink our own Champagne Visual software World’s largest data source
- 17. Why Now? Compensation is your largest expense Missing out on potential growth opportunity Making the decisions with data
- 18. Questions?
- 20. Visit PayScale.com to learn more
Editor's Notes
- I wanted to start the conversation out today by talking about how the “The Way We Work Has Changed” New Expectation And with that diverse workforce we are seeing new expectations from both employees and employers. Employers are expecting more out of their people, jobs are becoming more specialized making it harder to attract and retain top talent, while Employees want to work at places where they are treated fairly and are contributing to the overall success of the organization Transparency One of those needs ways is through transparency, organizations today work more collaboratively and communicate more to their employees Data Drive And no matter what team or department, decisions today have to be made with the most up-to-date data.
- And at PayScale we realized that having a Compensation Strategy really is the keystone to an organization’s success. It impacts of all of these areas Recruitment & Retention Budget Motivation and Engagement Opportunity and Growth
- Filament Games, a tech company based in the midwest really was struggling with this change in the way they worked- Their executives were seeing massive growth (Growing 3x in 3 years) and needed guidance for budgeting Being in the mid-west they had trouble recruited tech talent that typically resided on the Coasts Many employees questioned if they were being paid fairly By developing and implementing a compensation strategy they were able to Read BOXES And they did this by using…
- And they were able to do that by using PayScale Insight, a clear, visual, real-time solution that allows organizations to build and launch a compensation strategy
- One thing that makes PayScale unique is our data 250 Pay factors 40 Million Salary Profiles 14,000 job titles Example Software Developer with Java vs C++ both with the same title With this information we can ensure you are paying for the
- Real time data- we have the largest employee compensation database in the world, with the most up-to-date salary information available. With the demand for positions like engineers or nurses, changing rapidly, you need the data most recent data not from last year Visual Software- We’ve created a product that not only collects data but makes sense of the information for you, to help you and your executives make decision Committed Services and Support- our Customer teams are here to help you make an impact, based on your needs we can make recommendations on We drink our own Champagne- We like to say this to show we really do walk the walk. PayScale believes that compensation strategy is a key to an organizations growth, which is why we use our own products and services!
- Why now? Compensation is your largest expense - Comp is 30-50% of revenues, how great would it be if you could cut overhead for your organization? Missing out on potential growth opportunity - Yeah saving the money is good, but if you haven’t hired and retained top talent, how can you take your organization to the next level? Making the decisions with data - The days of guessing or using out of date information. In order for an organization to be successful and grow with the right people. Organizations must have the the most up-to-date information and feel confident that decisions are backed by data.
- Now I am going to take a few minutes and show you PayScale in action
- Now I am going to take a few minutes and show you PayScale in action