Pay Compression: What You Need to Know — and FixJanuary 06, 2023
Are you finding it hard to win the battle of payroll compression? It's time for HR and compensation teams everywhere to arm themselves with strategic weapons that can help them tackle pay compression.
When employees with similar qualifications, skills, and experience are paid drastically different wages, it can have devastating effects on employee morale and job satisfaction. It’s no secret that pay compression can be a tricky issue for organizations to resolve. But before you can tackle the problem, you have to know what you’re looking for.
In this webinar, we’ll discuss:
- What pay compression is
- How to identify and fix pay compression in your organization
- How to address issues of employee morale and turnover that result from pay compression
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