How to Build Compensation Bands Using Real-Time Market Data

On-demand
Aired on:
March 15, 2023
10 AM PST
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You can’t have a compensation strategy without salary bands. Unless you’re using market data to create your bands, they’ll be inaccurate and uncompetitive. In this 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 salary 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

Speakers

Katie Rovelstad
Benchmarking Operations
at
Pave
Meghana Reddy
Advisor
at
Alamere Compensation
Joe Bast
VP of People & Operations
at
Laika
Julie Menge
Senior People Operations Manager
at
MUX

Pave is the only end-to-end compensation management platform that helps companies plan, communicate, and benchmark compensation in real-time. Powered by integrations, Pave makes it easier for People leaders to build and execute best-in-class compensation strategies to attract, retain, and motivate top talent.

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