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Building a trusting relationship with employees before the compensation review cycle can mitigate the awkwardness of difficult pay conversations and reduce the risk of employees feeling personally attacked by compensation decisions or becoming demotivated.

Presenters Gail Greenfield Executive VP of Pay Equity and Total Rewards Strategy and Solutions Trusaic Ph.D.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Employee Experience; ;Executive Compensation; ;Finance and Budgeting; ;Organizational Performance;

Details Executive Report & Online Reporting Tool – Trusted and relied upon by comp professionals worldwide, the WorldatWork Salary Budget Survey allows for unparalleled precision in your salary budget planning.

This article shares five ways compensation teams can communicate with clarity, credibility and empathy, even when there is less to monetarily give. 1.

Workspan Daily article;Blockchain Can Enhance Organizational Processes and Rewards , Workspan Daily article;Beyond Borders: Navigating Global Pay Transparency, Equity and Compensation Management , webinar;Essentials of Compensation Management , course; The U.S.

For WorldatWork Members 4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article;Compensation Structure Policies and Practices , research;Salary Benchmarking , tool; Conducting more than one annual compensation cycle can help organizations address a variety of issues — and more of them are choosing to do so .

Individuals and teams are encouraged to make the goals aspirational in that they receive assurance that their performance against these goals will not count against them in terms of either their compensation or their career path (more on the compensation front later).

For WorldatWork Members ;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article; ;Answers to Common Employee Questions on Pay Transparency , Workspan Daily Plus+ article; ;How Employers Can Structure and Communicate Appropriate Pay Bands , Workspan Daily Plus+ article; ;2024-2025 Salary Budget Survey , research; One of the top three challenges organizations face in implementing pay transparency is a lack of manager capabilities to understand and explain compensation programs and practices, according to Mercer’s Global Pay Transparency Report.

This starts with helping ensure that people leaders can speak to the intricacies of compensation throughout the year — in particular, during the annual compensation review process.