By leading the compensation conversation, you can help foster engagement and forge stronger relationships with your people.
The days of squelching conversation about compensation are over. Not only are people more open to discussing their own pay, but they also have more ways than ever to compare your organization’s compensation practices to others. Leading organizations recognize that the conversation is already happening and are taking the opportunity to lead the discussion. Taking a cue from their practices can help improve the quality of your messages, the effectiveness of the conversation, and the outcomes for you and your workers in terms of strengthening both engagement and your ongoing relationship with each employee in your business.