Knowing when and how to refresh your compensation program is a challenge faced by all compensation professionals. It is especially challenging in a well-established organization where the program has been the same for years, or even decades.
That was the case for Mayo Clinic. Pondering the question, βIs our compensation program meeting the current needs of our organization and helping us to advance into the future?β led Mayo Clinic on a path to refresh a pay structure that had been in place for 20 years. READ MORE