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HR Data Labs podcast - Kathi Enderes - HR Tech 2024 - Breaking Free From Outdated Pay Practices

Kathi Enderes - HR Tech 2024 - Breaking Free From Outdated Pay Practices

HR Data Labs podcast

12/03/24 • 32 min

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Kathi Enderes, Senior Vice President of Research and Global Industry Analyst at The Josh Bersin Company, joins us in this episode to explore why compensation practices have stagnated and how organizations can modernize their approach to pay.

[0:00] Introduction

  • Welcome, Kathi!
  • Today’s Topic: Breaking Free From Outdated Pay Practices

[5:13] How has compensation evolved in recent decades?

  • Why most organizations still use 40-year-old compensation models
  • Connecting compensation to employee experience

[13:40] How can organizations make compensation more accessible?

  • The power of simplifying compensation communication
  • Building stakeholder buy-in for process changes

[23:10] Should organizations replace merit programs with targeted incentive programs?

  • Reimagining performance-based compensation
  • Aligning pay reviews with business cycles

[31:39] Closing

  • Thanks for listening!

Quick Quote

“In all areas of HR . . . if we speak our own language, business won’t understand it and you’re not going to gain any credibility.”
Resource:
Josh Bersin Company
Contact:
Kathi's LinkedIn
David's LinkedIn
Dwight's LinkedIn
Podcast Manager: Karissa HarrisEmail us!Production by Affogato Media

12/03/24 • 32 min

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HR Data Labs podcast - Kathi Enderes - HR Tech 2024 - Breaking Free From Outdated Pay Practices

Transcript

Announcer

The world of business is more complex than ever. The world of human resources and compensation is also getting more complex. Welcome to the HR Data Labs podcast, your direct source for the latest trends from experts inside and outside the world of human resources. Listen as we explore the impact that compensation strategy, data and people analytics can have on your organization. This podcast is sponsored by salary.com Your source for data technol

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