Re-Examine Your Pay Philosophy

Solutions for the COVID-19 Economy

What guides your company’s decisions about compensation? Do you have a written philosophy that states your beliefs? Have you examined it in the context of the present environment?

If you don’t yet have a written statement, it’s more critical than ever that you draft one—and soon. If you have one, but it was created years ago, it’s time to review it. Make sure it addresses your ideas about how compensation should be handled in an uncertain economy.

Download this Tip Sheet to learn why it’s so important you clearly define your pay philosophy and what it should include. 

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