Best Practices for Incentivizing a Workforce in a Down Economy
WHITE PAPER
With the snowball events of the global pandemic, we're all now facing the possibility (or reality) of an uncertain economic future. That's a lot to manage on top of your days working to address pay inequality, continuing reward performance, and training managers on pay communications.
How are you managing in today's economic reality? And what does this economic downturn mean for your original 2020 compensation plan? If the last few months threw a wrench in your roadmap, you're not alone.
PayScale is here to help you reevaluate how to get things done - starting with how to get pay right. Check out our recent whitepaper, Best Practices for Incentivizing a Workforce in a Down Economy, to learn more about:
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The problem with pay inequality and how to solve it
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Metrics for analyzing compensation and when to adjust it
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Reporting for compression analysis and merit matrix reports
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Communicating pay effectively