HOW TO SET COMPENSATION BANDS (for base, bonus, and equity) Bookmark and share with your team! I've linked the full blog post below Compensation can feel like an opaque / arcane topic, but this approach will let you incorporate benchmarks (without suffering from gaps due to spotty data). 1️⃣ Identify reasonable benchmarks for only a single key role per job family - Pick one where there’s lots of data, typically in the middle of the leveling guide (e.g., ~L4-L6). - E.g., Sr. Software Engineer in Engineering, Sr. Product Manager in Product, Marketing Manager, Sr. Account Executive, Operations Manager, etc. 2️⃣ Extrapolate base salary across levels - Multiply or divide using a progression factor (e.g., 1.16–1.20 between levels). Gut check against benchmarks and internal expectations. -See below for a guide 3️⃣ Set target bonuses for each level - Apply reasonable bonus multipliers - See below for a guide 4️⃣ Use a formula to derive Target Equity Value / year for each level annualTargetEquityValue = totalCompensation — baseSalary — targetBonus 5️⃣ Convert equity value into shares - Choose an appropriate Target Price / Share (depending on whether you issue Restricted Stock, Options, or RSUs). - Calculate the number of shares to issue as: numShares = (targetAnnualEquity * vestingDuration) / targetPricePerShare

#Salary >> Will you be paid #OverTime or not? Important to understand these elements of the job's #TotalCompensation > Understanding Base #Salary and Your #Benefits Package, via @Indeed -- buff.ly/3KEgOte

Unlocking the Power of Total Compensation: Learn how ExponentHR revolutionizes the way organizations manage employee compensation, fostering fairness, transparency, and efficiency. #HRtech #TotalCompensation #EmployeeExperience #ExponentHR #HCM

Being Nice in a Negotiation Can Backfire Story by HBR at bit.ly/hbr-nc. Illustration by @ScottGraffius. #Business #Negotiation #Job #Promotion #JobOffer #Work #Workplace #Career #Employment #TotalRewards #Pay #Comp #Compensation #Salary #TotalCompensation #PMOX

Expectations vs. Reality: When HR's CTC and in-hand salary meet face to face. 😏 #salary #pay #compensation #ctc #totalcompensation #annual #wage #basesalary #bonus #commission #stockoptions #benefits #perks #office #remotework #workfromhome #wfh #career #jobsearch #jobhunt

When comparing job offers, it’s vital to consider the offered benefit plans and how much they’ll deduct from your paycheck. youtube.com/watch?v=QmnJEVPL… #jobsearchtips #jobseekers #jobsearch #fridayfinancial #mhvfcu #totalcompensation

Walmart CEO received #totalcompensation of $25.3 million in the last year. The median compensation for associates was $27,136, according to an annual proxy statement. In other words, he made roughly 933x the #compensation of an employee. (via @insider) at.pysc.al/v9g

#JobOffers >> Important to understand this part of your #TotalCompensation (salary PLUS what???)! > 6 Questions You Have About #Bonuses, Answered, via @TheMuse -- buff.ly/2Ve4h4u

Walmart CEO received #totalcompensation of $25.3 million in the last year. The median compensation for associates was $27,136, according to an annual proxy statement. In other words, he made roughly 933x the #compensation of an employee. (via @insider) at.pysc.al/v9g

Employees know their salary, but do they know their true value of employment? Our recent #DidYouKnow webinar discussed how to configure and present a personalized #TotalCompensation statement in #ExponentHR. Jump to the 16:05-minute mark to learn more! teams.microsoft.com/l/meetup…

LISTEN NOW: Get #InclusiveAF while you work with the latest episode of the @InclusiveAf Podcast with @jackyeclayton & @Kateebar7. They spoke with @amyspurling about the importance of inclusivity & personalization in your #totalcompensation & #employeeperks hubs.li/Q01vY27Z0

#nowhiring HR Business Partner (HRBP with focus on Total Rewards, 100% Remote) Contact me for more details. grnh.se/91232f0f2us #humanresource #hr #hrbp #humanresourcesbusinesspartner #hrbp #totalrewards #totalcomp #totalcompensation #benefits #fintechjobs #startup #hiring

#SalaryTips: Get the best pay possible! Understand the "#TotalCompensation" being offered: #paycheck, bonuses, etc. MANY options are available! >> #Salary and #Compensation: A Comprehensive Guide to Your Paycheck, by Rachel Pelta -- buff.ly/3DPh0Bs #BestSalary #BestPay

#SalaryTips: Get the best pay possible! Understand the "#TotalCompensation" being offered: #paycheck, bonuses, etc. MANY options are available! >> #Salary and #Compensation: A Comprehensive Guide to Your Paycheck, by Rachel Pelta -- buff.ly/3DPh0Bs #BestSalary #BestPay

Survey: #Youngeremployees more likely to switch jobs for #betterbenefits. What benefits do they want the most? hubs.ly/Q01gkSDc0 #employeebenefits #mentalhealthsupport #employeeperks #totalcompensation @getmyHSA

Most employers aren’t expanding #employeebenefits, in spite of retention woes! Yet "82% of employees consider benefits to be part of their #totalcompensation when deciding to accept a job offer or stay with their existing employer" hubs.ly/Q01gjXvv0 by @HRExecMag

New research on Total Compensation Management published by @ventanaresearch. #HCM #HRTech #totalcompensation #payequity

5 most underappreciated startup benefits: 1. Free Pamplemousse LaCroix 2. Free Black Razzberry LaCroix 3. Free Coconut LaCroix (rare) 4. Safe Harbor 401k 5. Free Peach-Pear LaCroix #TotalCompensation #startups

These days, employees are looking at your #employeebenefits with a microscope. That's why it's important to build from a solid base 👍 Our friends @cloudadvisorsCA have you covered! hubs.ly/Q017yMzM0 #employeeperks #employeewellness #totalcompensation

Say it. Pay it. See how your organization can integrate a #totalcompensation program into your rewards strategy and reimagine the #futureofwork at this flagship edition of #TORC22 hosted by the @NHRDN Register at bit.ly/3zCOBg9 #EmployeeExperience #BuildingTheFuture