modern compensation Archives

When companies start to work on their compensation plans, they often do so with spreadsheets and formulas, far removed from either the people impacted by compensation or the organizational objectives. Modern compensation brings people front and center in the pay business, creating a win/win situation between organizations and individuals.

On today’s #WorkTrends show, we were joined by special guest Tim Low from PayScale. We discussed the idea of putting people first in compensation plans and why that makes a difference in business.

Here are a few key points Tim shared:

How to use modern compensation practices to engage, motivate and reward top people.
How compensation can be a team sport, communicated transparently across the organization.
Why compensation should be a win/win, not a battle, between employee and employer.

Missed the show? You can listen to the #WorkTrends podcast on our BlogTalk Radio channel here: http://bit.ly/2afsbcO

You can also check out the highlights of the conversation from our Storify here:

View the story “#WorkTrends Storify: Modern Compensation: Putting People First” on Storify

Didn’t make it to this week’s #WorkTrends show? Don’t worry, you can tune in and participate in the podcast and chat with us every Wednesday from 1-2pm ET (10-11am PT). Next week, on July 27, host Meghan M. Biro will be joined by Chris Voss, former FBI Lead International Hostage Negotiator, who will help us explore and understand the art of negotiation.

The TalentCulture #WorkTrends conversation continues every day across several social media channels. Stay up-to-date by following the #WorkTrends Twitter stream; pop into our LinkedIn group to interact with other members; or check out our Google+ community. Engage with us any time on our social networks, or stay current with trending World of Work topics on our website or through our weekly email newsletter.

Photo Credit: reputationtempe via Compfight cc

When companies start to work on their compensation plans, they often do so with spreadsheets and formulas, far removed from either the people impacted by the compensation plans or the organizational objectives. Modern compensation brings people front and center in the pay business, creating a win/win situation between organizations and individuals.

Next week on the #WorkTrends show, we will be joined special guest Tim Low from Payscale to discuss the idea of putting people first in compensation plans. Here are a few things Tim is expected to share:

How to use modern compensation practices to engage, motivate, and reward top people.
How compensation is a team sport, communicated transparently across the organization.
Why compensation can be a win/win, not a battle, between employee and employer with fair pay.

Modern Compensation: Putting People First

Tune in to our LIVE online podcast Wednesday, July 20 — 1 pm ET / 10 am PT

Join TalentCulture #WorkTrends Host Meghan M. Biro and guest Tim Low from Payscale as they discuss how to put people first in compensation.

#WorkTrends on Twitter — Wednesday, July 20 — 1:30 pm ET / 10:30 am PT

Immediately following the podcast, the team invites the TalentCulture community over to the #WorkTrends Twitter stream to continue the discussion. We encourage everyone with a Twitter account to participate as we gather for a live chat, focused on these related questions:

Q1. What are the benefits of a people-focused compensation model? #WorkTrends (Tweet this question)

Q2. What are some signs that a modern compensation model is in demand? #WorkTrends (Tweet this question)

Q3. In what ways can compensation be a win/win for employees and employers? #WorkTrends (Tweet this question)

Don’t want to wait until next Wednesday to join the conversation? You don’t have to. We invite you to check out the #WorkTrends Twitter feed, our TalentCulture World of Work Community, LinkedIn group, and in our TalentCulture G+ community. Feel free to drop by anytime and share your questions, ideas and opinions. See you there!

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