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Pyramiding Example
- 1. Communicating about Pay The compensation process becomes more transparent and a clear linkage is apparent between pay and performance Employee perception of pay fairness is increased Employee engagement is increased Managers and employees have meaningful conversations about pay Results
Notas del editor
- SAY: The process of communicating about pay must begin with you. [Animation 1] As you have meaningful conversations about pay with your employees, the compensation process becomes more transparent and employees are better able to see a clear link between their pay and performance. [Animation 2] This transparency and awareness increases employee perception of pay fairness. [Animation 3] Research clearly indicates that as perception of pay fairness increases, so does loyalty to you and the organization - in other words, it promotes engagement. [Animation 4] When employees are engaged, they are more likely to work harder and achieve the goals of their company. [Animation 5] The drive toward business results depends upon you. [Animation 6] The manager is literally the foundation of this process, which relies upon you having honest, accurate, and regular conversations about pay with each of your employees.