The State of Compensation Part 2—New Data and How Companies Should Respond

How do you compensate team members fairly so that they’re happy and don’t start looking elsewhere?

In this episode of HR Unplugged, we welcomed back Alex Bertin, BambooHR’s Head of Total Rewards, to talk more about compensation and benefits strategies. Alex sits down with our Head of HR, Anita Grantham, to discuss when leaders should talk to employees about compensation, how to build efficient pay processes, pay transparency, and more.

Alex and Anita also tackle the debate on whether on-site workers should be paid more than remote workers and how to assess compensation based on business impact.

Key moments:

• What the data on compensation levels says
• How often should leaders bring up compensation with their team
• Why leaders need to build and understand the compensation process
• The debate on pay transparency
• Should on-site workers be paid more than remote employees?
• How to assess the impact of a role/employee on the business

Key links:

• Subscribe to HR Unplugged Series: https://www.bamboohr.com/resources/podcasts/hr-unplugged/
• Join HR Heroes Slack Community: https://join.slack.com/t/hrheroesworkspace/shared_invite/zt-21ad3f1r8-dkWC2EdmyhxUAHw9cGLdQw
• Bamboo HR Homepage: https://www.bamboohr.com/