Totally Rewarding Chats

By: WRKdefined Podcast Network
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  • Summary

  • The Totally Rewarding Chats Series is brought to you by Visier, the global leader in people analytics, providing on-demand answers to people-powered businesses. In this series, host Sean Luitjens, General Manager of Total Rewards, talks all things total rewards with category leaders.
    © 2024
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Episodes
  • Totally Rewarding Chats | Ep. 18: Tackling Pay Equity Today and Moving Forward

    Totally Rewarding Chats | Ep. 18: Tackling Pay Equity Today and Moving Forward
    Nov 12 2024
    Understanding pay equity, transparency, and the raw pay gap In this conversation, Sean Luitjens and Gail Greenfield discuss pay equity and transparency in the workplace. Gail explains the difference between pay equity and the raw pay gap, highlighting the importance of addressing both the explained and unexplained parts of the pay gap. She also defines transparency as the mandatory and discretionary sharing of compensation information by organizations. Another key insight brought up from this conversation is the need for companies to consider pay equity and transparency as strategic decisions, and to be proactive in addressing these issues. One best practice for companies to get started with pay equity is to conduct a proactive pay equity analysis to understand the current state of pay equity in the organization and remediate any issues. Sean and Gail recommend organizations seek advice and guidance from experts, whether through consultants, technology solutions, or available resources. They also discuss ways to analyze pay to ensure internal equity, the cadence of remediation, the importance of monitoring pay equity progress between remediation cycles, and the challenges of remediation. The importance of monitoring pay equity progress between remediation cycles, and the challenges of remediation.
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    48 mins
  • Totally Rewarding Chats | Ep. 17: Challenges Facing Today's Compensation Teams

    Totally Rewarding Chats | Ep. 17: Challenges Facing Today's Compensation Teams
    Oct 31 2024
    The role of technology in addressing compensation challenges In this conversation, Sean Luitjens interviews Rekha Gurnani Chowdhury, an expert in compensation and people analytics. They discuss the biggest challenges facing compensation teams, including capacity, capability, and the tension between standardization and personalization. They also delve into the hurdles of performance management and the importance of effective communication. The conversation highlights the role of technology in addressing these challenges and the need for transparency and compliance in compensation practices.
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    35 mins
  • Totally Rewarding Chats | Ep. 16: The Differences in Handling Compensation and Benchmarking Small Organizations

    Totally Rewarding Chats | Ep. 16: The Differences in Handling Compensation and Benchmarking Small Organizations
    Oct 29 2024
    HR and compensation challenges small businesses face Alison Stevens, Senior Director of HR Services at Paychex, discusses the challenges that small businesses face in managing HR and compensation. Small businesses often have limited resources and struggle to attract and retain talent. They may lack knowledge of compensation standards and struggle to navigate the regulatory environment. Stevens emphasizes the importance of developing a compensation philosophy and strategic plan that aligns with the organization's goals and values. She also highlights the need for access to benchmarking data and analytics to make informed decisions. Technology plays a crucial role in providing small businesses with the tools and data they need to manage compensation and total rewards effectively.
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    33 mins

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