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Create a job worth hierarchy to illustrate where each job fits relative to every other job in the organization. This is critical to establish internal equity, provide legal...
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Use this tool to analyze and compare internal pay data against market rates to inform target positioning and define a compensation philosophy grounded in realistic,...
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A clear compensation philosophy supports strategic decisions that optimize compensation costs while enabling organizations to effectively compete for talent in a...
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Use this executive briefing to make the case to your executive team for crafting a compensation philosophy.
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Refer to this case study for an example of the process of drafting a compensation philosophy.
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Use the Compensation Philosophy Discussion Guide to structure discussions with executives to inform the development of the organization’s compensation philosophy.
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Use this template to document notes, themes, and insights from discussions with executives regarding the internal and external factors that will inform the compensation...
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A compensation philosophy that clearly articulates the organization’s high-level approach to pay for each of its employee segments is the foundation of compensation programs.
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External pressures and employee expectations are pushing organizations toward transparency. Select the right level and embed transparency into different area of the...
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Use this resource to review the benefits and risks of transparency, the levels of McLean’s transparency spectrum, organizational readiness criteria for improving...
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