Dec 03 2024 32 mins 1
Kathi Enderes, Senior Vice President of Research and Global Industry Analyst at The Josh Bersin Company, joins us in this episode to explore why compensation practices have stagnated and how organizations can modernize their approach to pay.
[0:00] Introduction
- Welcome, Kathi!
- Today’s Topic: Breaking Free From Outdated Pay Practices
[5:13] How has compensation evolved in recent decades?
- Why most organizations still use 40-year-old compensation models
- Connecting compensation to employee experience
[13:40] How can organizations make compensation more accessible?
- The power of simplifying compensation communication
- Building stakeholder buy-in for process changes
[23:10] Should organizations replace merit programs with targeted incentive programs?
- Reimagining performance-based compensation
- Aligning pay reviews with business cycles
[31:39] Closing
- Thanks for listening!
Quick Quote
“In all areas of HR . . . if we speak our own language, business won’t understand it and you’re not going to gain any credibility.”
Resource:
Josh Bersin Company
Contact:
Kathi's LinkedIn
David's LinkedIn
Dwight's LinkedIn
Podcast Manager: Karissa Harris
Email us!
Production by Affogato Media
