Compensation isn’t an event. Compensation is an evolution, and your employees track it in the only way they can: by comparison. They will compare their current situation to their coworkers’, to others in their industry and locale, and even to their prior experiences. Research from CEB, a Washington-based best-practice insight and technology company, shows that job-hunting activity jumps 6% on the anniversary of the hire date, 9% on the anniversary of a promotion, 12% after a birthday, and 16% after a high school reunion. When you factor measured performance into your pay strategies, you’re providing favorable comparison points and supporting the evolution of both your employees and your organization.
Join Victoria Hodgkins of BambooHR and Cami DeFoor of PayScale as they explore the important relationship between pay and performance, with five important factors to consider when linking pay to performance.
Chief Marketing Officer at BambooHR
As the chief marketing officer at BambooHR, Victoria leads an integrative marketing team who fosters business growth, customer engagement, partnerships, brand strength, marketing insight, and inspiration through storytelling. A business leader in B2B software for over twenty years, Victoria seeks to empower and mentor colleagues while also continuing to grow and learn herself.
Director of Sales Training
PayScale for nine years. Cami obtained her CCP in 2011 and has extensive experience in educating both PayScale employees and prospective customers in the value of a modern compensation solution. Cami graduated from Western Washington University with a degree in Business Administration and a minor in Management.