What are the key steps and challenges in communicating and implementing your compensation survey findings?

A compensation survey is a valuable tool to benchmark your organization's pay practices against the market and align them with your business strategy. However, conducting a survey is only the first step. You also need to communicate and implement the findings effectively to ensure that your employees understand and appreciate your compensation philosophy and policies. In this article, we will discuss the key steps and challenges in communicating and implementing your compensation survey findings, and offer some tips to overcome them. READ MORE