The Redesign of a Decades-Old Pay Structure

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, β€œIs our compensation program meeting the current needs of our organization and helping us to advance into the future?” led Mayo Clinic on a path to refresh a pay structure that had been in place for 20 years. READ MORE