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

5 Easy Steps to a Smart Compensation Plan

Published By: Payscale, Inc
Payscale, Inc
Published:  Jun 06, 2013
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



Tagscompensation planning, salary range, salary benchmarking, compensation analysis