Compensation is a critical yet complex aspect of any business, increasingly demanding transparency and fairness from employers. As organizations navigate challenges such as inflation, a competitive job market, and emerging legislation, a strategic, data-driven compensation approach is essential. This ebook provides a comprehensive guide to developing a resilient compensation strategy, covering key elements such as job management, salary data, pay structures, variable pay, pay equity, and managing the compensation cycle. By tracking trends like pay compression, organizations can stay agile and competitive. Payscale supports these efforts with tools, data, and services to ensure fair, equitable compensation practices.

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