1.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Tim Low
SVP of Marketing
PayScale
Rusty Lindquist
VP of Thought Leadership
BambooHR

2.
The link between
emotion and
performance

3.
Employee Landscape Performance / Productivity

4.
Employee Landscape
TIME TALENT
Performance / Productivity

5.
Employee Landscape
TIME TALENT
ENERGY
Emotional Capital
isthe most important
capital inour organizations.
Emotion
Engagement
Sentiment
Satisfaction
Performance / Productivity
Energy matters most

6.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity
We hire for thisWe give them this
We expect this
When they’re full of this

7.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity

8.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity
The Organizational Impact
of Disengagement
20% of their total
performance capacity

9.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity
Want to drive up performance and
productivity? Solve for energy.

10.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity
Want to drive up performance and
productivity? Solve for energy.

11.
Employee Landscape
TIME TALENT
ENERGY
Performance / Productivity
Want to drive up performance and
productivity? Solve for energy.

12.
Employee Landscape Performance / Productivity
Emotional Capital
isthe most important
capital inour organizations.
Solving for “energy” ishow
you put the force of work
back intothe workforce.
Want to drive up performance and
productivity? Solve for energy.
TIME TALENT
ENERGY

13.
Compensation is the
story of how much
we’re valued

14.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Attracting / retaining talent is about reputation – what would
your employees tell others about what the org values?
• What you pay
• How you pay
• Why you pay the way you do
Are You Paying
Attention to Your
Pay Brand?

15.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Only 1 in 5 Employees
Feel Fairly Paid
of employers say their
employees are paid fairly
43%
of workers think
they are paid fairly
21%
of workers paid
the market rate and
64%
of overpaid workers think
they are underpaid
35%

16.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Employee Pay Perception Is 5x More
Impactful Than How You Pay vs. Market

17.
Understanding
Employee “Triggers”

18.
Life’s Journey
A role in an organization
An employee
e
THE DAY
WE ARE BORN
THE DAY
WE FIND OUT WHY

19.
OPTIMAL
ORBIT
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT

20.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
EMOTIONAL
DISTANCING

21.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
SOLIDIFYING
RESOLVE

22.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
CRYSTALIZATION
OF DISCONTENT

23.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
ESCAPE
VELOCITY

24.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT

25.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT

26.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
INTERVENTION OPPORTUNITIES

27.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
Organizational Waste
(20% Total Productive Power)

28.
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT
(TREATMENT)(DIAGNOSTICS)

29.
OPTIMAL
ORBIT
ESCAPE
VELOCITY
CRYSTALIZATION
OF DISCONTENT
SOLIDIFYING
RESOLVE
EMOTIONAL
DISTANCING
WHY
ORBIT OF
EMPLOYEE
ENGAGEMENT

30.
ORBIT OF
EMPLOYEE
ENGAGEMENT
ABILITY TO DETECTHARD EASY
ABILITY TO CORRECT
EASY HARD
We have to detect
early, so that we can
act fast. Begin with
asking one simple
question: eNPS

31.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
How an Employee
signals when they
don’t feel valued

32.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Signals Employees Send
When TheyFeel Under-Valued
“CAN I GET A RAISE?”
• “I work all the time and I’m tired”
• “I deserve a promotion”
• “I don’t feel appreciated”

33.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Other signals of distress
• Quality of work suffers
• Lack of initiative
• Unhealthy behavior
• Apathy when “wins” occur
• Social distancing from colleagues

34.
Understanding the
importance of pay
perception

35.
HOW
WHAT
OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
Start With Why
WHY
Mission
Values
Beliefs
EMPLOYEE SENTIMENT
is a filter
Thisis EmployerBrand
Culture
(How you behave)
(who you are)
Story
(What they say about
how you behave)

36.
HOW
WHAT
OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
Start With Why
WHY
Mission
Values
Beliefs
Pay Perception
is a filter
Thisis PayBrand
Comp Practices
(How you pay)
(who you are)
Story
(What they say about
how you pay)

37.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
How to manage pay
perception

38.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
• Only 24 % of employees say that their company’s pay
processes are transparent.
• When employees ask for raises and their employer says
“no” because of ”budgetary constraints”, only 22 % of
workers believe this rationale to be true.
• Of workers who were denied a raise, 33 % reported that
their employer provided no rationale for the decision.
Lack of pay transparency ->
low trust / low morale
Research from PayScale

39.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Whether workers believe in the rationale provided by their employer
has a big impact on their job satisfaction and intent to leave.
“Do you plan to look for new jobs in the next 12 months?” % Plan On
Seeking New Job

40.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Even if denied a raise, as long as workers believe the rationale, they are
similarly satisfied with their employer as workers who received a raise.
% Highly Satisfied
with Employer

41.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
• Develop a formal compensation plan
• Have honest conversations with employees
about pay and performance
• Provide growth and learning opportunities
• Instill a sense of pride in your employees:
make them feel like their work matters
How do you make sure
employees feel valued?

42.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
• Alignment to business goals
• Talent market / competition
• Data sources
• Communication
Develop a Compensation Strategy

43.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
1. What talent market(s) do you intend to use for comparison for your org?
2. How competitive do you want to be relative to your talent market(s)?
3. What do you want to reward with your compensation dollars?
4. What are your goals?
Your compensation strategy
should answer these q’s:

44.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
• Have these conversations early and often
• Recognize the employee’s contributions
• Discuss the total compensation package
• Let them know about the market value for their role and skillset
• Provide context: discuss the specific reasons on you’ve decided
to give/ deny someone a raise as well as the big picture
• Discuss with employees their career goals and the paths forward
Have Honest Conversations
About Pay and Performance

45.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
The Pay Transparency Spectrum

46.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Employees want autonomy, growth
opportunities and enjoyable work

47.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Pride plays an important
role in motivating people.

48.
What can you do?

49.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Final Takeaways

50.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
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51.
How to Make Sure Your Employees Feel Valued at Work
bamboohr.com payscale.com
Questions?
Tim Low
SVP of Marketing
PayScale
Rusty Lindquist
VP of Thought Leadership
BambooHR