The Compensation Best Practices Report (CBPR) serves as a vital resource for HR professionals navigating complex workforce challenges. It offers data and insights to help HR teams, especially smaller ones, make informed decisions amidst economic volatility, return-to-work options, and other evolving trends. The guide outlines key topics covered in the CBPR, such as compensation strategy, pay transparency, and HR priorities. It also provides five best practices for leveraging CBPR data to validate strategies, improve employee experience, and enhance communications within organizations. Payscale aims to empower HR with data-driven decisions for fair and sustainable pay.

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