Blueprint Overview: Conduct a Salary Assessment
Salary structure assessments help prevent and address pay inequities. Download our research to learn the critical elements of a successful salary assessment.
- Organizations are facing difficulties keeping salaries up to date with the rapidly changing labor market. Employees often do not perceive their salaries as competitive and look for higher paying jobs at other organizations.
- As employees are becoming increasingly comfortable discussing pay with colleagues, they are finding out about internal pay gaps through informal mediums. This frequently results in lower levels of engagement, mistrust, and turnover.
- By the time organizations decide to conduct a salary review, pain points have cumulated to be significant, making the process and implementation of salary adjustments a larger task than it could have been if it was prioritized proactively.