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LaborIQ

Compensation Strategy Series

Mastering Compensation: The Roadmap To Building Your Strategy

Subscribe to the 7-part email series

Driving Success

Learn how to build your compensation strategy

Explore the key components of compensation planning in our new email series crafted for mid-size businesses.

Each week, we’ll break down the essential components of a successful compensation strategy. From laying a solid foundation to incorporating market research and crafting equitable pay structures, our series is designed to offer tangible tools for your unique needs. Our goal is to equip you with actionable knowledge, so you can make informed decisions that genuinely resonate with your workforce.

 

Compensation Strategy

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By the end of the series, you will learn:
  • Why compensation strategy is important and why you should prioritize it
  • How to align your compensation strategy to your company culture
  • Why market research is so important and how to conduct it
  • How to craft equitable pay structures
  • How to make equitable adjustments to your plan
  • How to communicate your strategy internally and externally 

Are you ready to build a compensation strategy?

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OUR TECHNOLOGY

LaborIQ: Stay Ahead of the Hiring Curve

Our technology ensures you get precise, up-to-date salary benchmarking information so you can address your ongoing compensation decisions with confidence. Get pay right with customizable salary searches by location for over 20,000 job titles.

Pay Band Management

LaborIQ’s Pay Band Management simplifies compensation structures and job requisition processes with accurate, market-aligned salary ranges.

  • Seamlessly benchmark against current pay
  • Quickly determine pay band ranges at every level

Salary Recommendation

Get pay right.

  • Stay up-to-date with salaries in a changing market, especially when backfilling a role due to compensation challenges
  • Be confident your salary range is competitive in locations requiring pay transparency
  • Leverage our database of skills and responsibilities for 20,000+ jobs when defining a new role in your organization

Pay Benchmarking

Understand your turnover costs.

  • Benchmark employees’ pay to identify pay gaps and total cost to correct
  • Detect retention risks early
  • Compare salaries by years of experience, organization size or level

Client Stories

Why Our Clients Choose LaborIQ

View All Client Stories

“I loved the granularity that the platform offered. I love the fact that you can specify not only the position title and location but also the education level, the years of experience and the size of the company.”

Alex Chausovsky

Director of Analytics and Consulting

Miller Resource Group

“I definitely would recommend LaborIQ to anyone, really in talent acquisition because it allows you to be really prepared with this market research and allows you to really set these expectations as you go into the recruiting process.”

Taylor Franco

Recruiting Lead

Calanese

“I loved the granularity that the platform offered. I love the fact that you can specify not only the position title and location but also the education level, the years of experience and the size of the company.”

Kassidy Mays

Director of Analytics and Consulting

Miller Resource Group

“I definitely would recommend LaborIQ to anyone, really in talent acquisition because it allows you to be really prepared with this market research and allows you to really set these expectations as you go into the recruiting process.”

Susan Thomas

Sr. Vice President

10FOLD

“With LaborIQ’s salary recommendations and metro analysis, I was able to identify new markets for talent acquisition and instill confidence in one of our hiring managers that we would be able to staff her team successfully with top talent. And, we know we can keep talent after discovering through LaborIQ that we are a top-paying employer.”

Salvatore Hines

CEO

Idea Ignite

“I definitely would recommend LaborIQ to anyone, really in talent acquisition because it allows you to be really prepared with this market research and allows you to really set these expectations as you go into the recruiting process.”

Ruthie Barnett

Recruiting Lead

TOPS Software

“With LaborIQ’s salary recommendations and metro analysis, I was able to identify new markets for talent acquisition and instill confidence in one of our hiring managers that we would be able to staff her team successfully with top talent. And, we know we can keep talent after discovering through LaborIQ that we are a top-paying employer.”

Jennifer Telfer

Talent Acquisition Manager

UltraUplift

“With LaborIQ’s salary recommendations and metro analysis, I was able to identify new markets for talent acquisition and instill confidence in one of our hiring managers that we would be able to staff her team successfully with top talent. And, we know we can keep talent after discovering through LaborIQ that we are a top-paying employer.”

Chaya Porter

CEO

Massive Dynamic

“With LaborIQ’s salary recommendations and metro analysis, I was able to identify new markets for talent acquisition and instill confidence in one of our hiring managers that we would be able to staff her team successfully with top talent. And, we know we can keep talent after discovering through LaborIQ that we are a top-paying employer.”

Karter Hale

Sr. Director of Compensation

Tech Trends

“With LaborIQ’s salary recommendations and metro analysis, I was able to identify new markets for talent acquisition and instill confidence in one of our hiring managers that we would be able to staff her team successfully with top talent. And, we know we can keep talent after discovering through LaborIQ that we are a top-paying employer.”

Jadiel Rosario

Talent Acquisition Manager

Acme Corporation

Transform Your Workforce Strategy With LaborIQ

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