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Creating a Compensation and Budget Plan (and How to Get Your CFO on Board)

Creating a Compensation and Budget Plan (and How to Get Your CFO on Board)

As the end of the year approaches there is a lot to look forward to. Holiday celebrations, office parties, and a fresh, new year...oh, also, working on your organization’s compensation and budget plan. While a compensation and budget plan might not be your favorite part of the year’s end, with a little help, it definitely won’t be the worst part! BambooHR and PayScale have a few tricks up their sleeves to help your HR team wow your CFO with a 2020 plan.

Join Kent Goates, CFO from BambooHR and James Redfern, CFO from PayScale, to learn how to create a budget and compensation plan that dreams are made of—one to satisfy both your HR team and your CFO.

  • Elements and influences that go into creating a solid plan.
  • How to create a compensation and budget plan that is fair and consistent.
  • Models you can use for creating your compensation plan.
About the speakers
Kent Goates

CFO at BambooHR

Kent Goates is the CFO of BambooHR (, the number one online HR software for small and medium businesses. He has served in various executive roles from CEO to COO to CFO in many organizations, including Kennecott Energy and Willowstick Technologies. Kent is a CPA, CGMA, and CFE, as well as an alumni of PricewaterhouseCoopers. He has B.S. and MPrA degrees in Accounting from the University of Utah. Kent is skilled in business development, strategic planning, project oversight, managing business relationships, and distilling information down to core issues, but finds greatest pleasure and success in working with people.

James Redfern

CFO at PayScale

James Redfern is PayScale’s Chief Financial Officer. Previously, James was Vice President of Corporate Development, Finance and Strategy at HR technology company, Workday, in San Francisco. James has more than two decades of strategic, financial and operating experience in the technology industry. Prior to his four years at Workday, James worked in Morgan Stanley’s technology investment banking group in London, New York and Menlo Park for about a decade. James has an MBA/MA from the University of Pennsylvania and a BA/MA from the University of Oxford.

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