Compensation

Implementing Compensation Management Software

Modernize compensation planning, pay equity analysis, and salary benchmarking.

6-8 weeks
Advanced

Implementation Steps

Build foundation with clean data and job leveling.

Key Tips:
  • Collect all employee compensation data
  • Define job families and levels
  • Map employees to job levels
  • Gather market data from compensation surveys
  • Document current compensation philosophy

Common Mistakes to Avoid

  • ×Inconsistent job leveling - leads to pay inequities
  • ×Not training managers properly - poor compensation conversations
  • ×Ignoring pay equity issues
  • ×Making process too complex - analysis paralysis
  • ×Not having clear compensation philosophy

Best Practices

  • Start with clear compensation philosophy
  • Involve managers early in process design
  • Run pay equity analysis before finalizing changes
  • Provide manager training on compensation conversations
  • Be transparent about how pay is determined
  • Continuously benchmark against market

Need Help Choosing the Right Tools?

Get personalized recommendations based on your specific needs.

Take Free Assessment
HR Tech Navigator - Find the Right HR Tools for Your Business