The Compensation Crusader Blog

A New Way to Think About Your Salary Budgets

Posted by Scott Sargent, CCP on Jan 5, 2017 6:02:10 PM

If you haven’t yet held your 2017 planning meetings, they’re likely right around the corner. Instead of just taking giant spreadsheets into the meeting, try to be proactive and answer some of the difficult salary budget questions before you walk in the door. It’s important to have a good grip on how you’re going to allocate your salary budgets and a concrete plan to communicate this information to employees. After all, the 2016 Salary.com Compensation Outlook Survey showed that 85% of organizations whose employees understand their compensation philosophy also report a high level of employee engagement.

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Topics: compensation, Salary Budgets

When It Comes to Salary Budgets, What’s the Right Number for You in 2017?

Posted by Christopher Fusco, CCP, GRP, SPHR on Nov 23, 2016 11:21:05 AM

It’s November, and along with setting aside time to be spent with family and friends over the holidays, it’s also time to look toward the New Year. For many of us, that means establishing resolutions and setting goals that we hope to accomplish in 2017. For companies eager to maintain a competitive position within their respective industries, planning for 2017 likely includes establishing a solid salary budget for the upcoming compensation cycle. After all, ensuring that compensation is allocated strategically can have a tremendous effect on your ability to attract top talent and retain high performers.

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Topics: compensation, Salary Budgets

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About This Blog

Welcome to The Compensation Crusader Blog. At Salary.com, our passion is delivering innovative compensation data and software products for our comp-focused customers who love using them! Join the conversation as we discuss the latest in compensation best practices and industry trends.

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