Ever had an employee claim they're underpaid compared to the market? In this episode, I chat with compensation expert Carolyn Kildare about the nuts and bolts of effective salary benchmarking.
We dive into how to respond when employees bring outside salary data to you, where to find reliable compensation surveys, and how to build credibility in your benchmarking process. Carolyn shares practical wisdom from her years at Mercer and as owner of Cadence Compensation to help you navigate these challenging conversations.
Key topics we cover:
- Building a solid compensation philosophy as your foundation
- Why data quality matters (and which surveys to trust)
- Handling employee challenges to your compensation structure
- The difference between inflation and salary increase budgets
- When and how to "age" older salary data
Perfect for HR professionals looking to strengthen their compensation strategy and confidently handle those tricky "but everyone else pays more" conversations.
Find Carolyn at https://www.cadencecompensation.ca/ or on LinkedInFind me as always: https://thehrhub.ca
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.