As an employer, HR Leader, C-Suite Leader, or business owner:

- When was the last time you benchmarked your jobs to the external market? Are your competitors offering more money than you are for the same work?

- Are your employees looking at job postings and the pay ranges and asking questions you don’t know how to answer?

- Are you having a difficult time attracting the talent you need to fill job openings?

- Are employees resigning and getting pay increases from other employers?

- What business goals are you unable to meet because you can’t attract and retain employees?

- What are you offering in addition to competitive wages? What do candidates and employees value besides money that you can brag about?

- Are your employees not focused on the business priorities? Are they quiet quitting? Do you offer them a bonus?

- Do you frequently and consistently answer the unspoken question your employees are asking? That unspoken question is, “What’s in it for me?”

- In addition to the merit budget, you’ve planned for, do you also have money set aside to cover external market adjustments, internal pay equity adjustments, and promotions?

- What’s your turnover rate? Are you having to hire new employees at higher pay rates than those that left?

If you need help solving these problems, let’s talk.

#pay #rewards #compensation #paytransparency #humanresources #leadership