How to Build Compensation Bands Using Real-Time Market Data
You can’t have a compensation strategy without salary bands.
Creating compensation bands can seem like a daunting task, and if you don't set the right foundation your bands can be inaccurate and uncompetitive.
In this session, we share how salary bands should work, then show you how to pull in the right market data and use it to build salary bands for your entire team.
Creating compensation bands can seem like a daunting task, and if you don't set the right foundation your bands can be inaccurate and uncompetitive.
In this session, we share how salary bands should work, then show you how to pull in the right market data and use it to build salary bands for your entire team.
Watch now
What You'll Learn:
- The anatomy of a comp band and how they work in practice
- The best way to use market data to create your bands
- Selecting the right percentiles, levels, and bandwidths
- How to navigate special cases and unique problems
Featured Speakers
Katie Rovelstad
Benchmarking Operations, Pave
Meghana Reddy
Advisor, Alamere Compensation
Joe Bast
VP of People & Operations, Laika
Julie Menge
People Operations & Analytics Lead, Mux
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