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Benchmarking & Data

How CFOs and CPOs Collaborate: Setting and Managing your Compensation Budget

Upcoming
June 15, 2023
10:00am PT

One of the most important but difficult parts of building your People strategy is determining the right budget. You need to consider a range of factors including your compensation philosophy, your company goals, and the happiness of your employees. You’ll also need to factor in your planned promotions, hiring plan, and standard merit increases for strong performers. Spend too much and you’ll be hearing from your board or investors. Spend too little and you’ll have a retention issue. You need to strike the perfect balance. As a People & Finance Leaders, it’s your responsibility to come to the table with a proposal that drives the best outcomes.

What you'll learn:

  • Factors to consider when build your budget
  • How to build the right financial model that considers all factors
  • How to engage with your CFO and get buy-in on your plan
  • How Pave can help

Other helpful resources:

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Speakers:

Alex Ip
Newfront
Paige Maisonet
Newfront
Sam Ford
Pave

Learn more about Pave's end-to-end compensation management platform

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