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Benchmarking & Data

Building a Comp Philosophy

Compensation 101

How to Build Compensation Bands Using Real-Time Market Data

Upcoming
•

You can’t have a compensation strategy without compensation 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 compensation expert session, we’ll explain 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.

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 band widths 
  • How to navigate special cases and unique problems

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Other helpful resources:

Pave Guide:

A Practical Guide to Building Compensation Bands

Speakers:

Meghana Reddy
Advisor, Alamere
Julie Menge
People Operations & Analytics Lead, Mux
Joe Bast
VP of People & Operations at Laika
Katie Rovelstad
Operations Lead, Pave

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