David Turetsky and Dwight Brown - ADP Pro Series 2022 - Compensation Benchmarking

HR Data Labs · Jul 28, 2022 · 20m

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Summary:

While on the road at the ADP Pro Summit in Dallas, Dwight and David talked about compensation benchmarking in hopes of demystifying it and breaking down how it works. They list some of the beneficial aspects of benchmarking and other areas that present opportunities for improvement.

Chapters:

[0:00 -3:20] Introduction

•Today’s Topic: Compensation benchmarking

[3:21 -8:48] How companies can use compensation benchmarking to learn more about their workforce

•Large data sets are readily available

•How technology has enabled us to have more confidence in the data we use…