1.
Uncommon Things That Top Performing HR Professionals Do
bamboohr.com payscale.com
4 Pillars of Success

2.
Uncommon Things That Top Performing HR Professionals Do
bamboohr.com payscale.com
Rusty Lindquist
VP Product Marketing
BambooHR
@rustylindquist
linkedin.com/in/rustylindquist
Adam Peddicord
Sr. Director Customer Success
Payscale
linkedin.com/in/adampeddicord

3.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
1Create a great place to work

4.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Broken Windows

5.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Environment Impacts
Behavior

6.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
- Rusty Lindquist, BambooHR

7.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Stories are the mortar by which reality is
built, and life’s true architects are those
who tell the strongest stories.
@rustylindquist

8.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Mission / Purpose
Values / Beliefs
Communication Practices
Reward / Recognition
Policies / Procedure
Comp Strategy

9.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Everything you do
becomes part of that story…
The story of what you value

10.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Compensation:
The story of
how much you are valued

11.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
2Employ best pay practices

12.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Top Performing Companies…
• Have Transparent Pay Practices
• Develop Competitive Strategies
• Pay Their People
Where to start

13.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Transparent Pay Practices
of top performing companies
are transparent about pay
vs 40% of all companies
47%

14.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Decide on the right level of transparency for your organization
The PayScale Pay Transparency Spectrum

15.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
It’s time to clean house
Before taking the doors off your cupboards, clean them out.

16.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Effective communication
mitigates pay concerns
of employees are ok with low
pay if the rationale is explained
But…
82%
of companies are confident in managers’
ability to have tough pay conversations17%

17.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Job Information
Teach managers to discuss market reports

18.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Total Compensation Statement
• Prepare your managers
• Explain the report
• Give them talking points
• Anticipate employee questions

19.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Competitive Strategy
of top performing companies
pay more for competitive jobs
Vs 54% of all companies
61%

20.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Equal isn’t necessarily fair
Keep an eye on your hot jobs. Pay more where you have to.
Industry: IT Services
Size: 200 EEs
Location: Seattle, WA
Industry: IT Services
Size: 10,000 EEs
Location: Seattle, WA
Industry: IT Services
Size: 200 EEs
Location: Seattle, WA
ONE-STRATEGY-FITS-ALL SEGMENTED WORKFORCE

21.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Define your strategy
Target critical roles above the 50th percentile
Talent Market(s)
Industry, Size,
Location, Org
Type
Level of
competitiveness
How
aggressively to
pay
What to reward
Performance,
Experience, etc

22.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Millennial Strategy
of top performing companies
will change their strategy for
millennials
vs 28% of all companies
35%

23.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Know your workforce

24.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Pay your people
of top performing companies
gave increases in 2015
Vs 84% of all companies
90%

25.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Give substantive raises
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0%
0 - 5%
6 - 10%
11 - 15%
16 - 20%
21%+
Average Raise
Top Performer

26.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Get Creative
of top performing companies
use variable pay
Vs 74% of all companies
81%

27.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Evaluate your mix of pay
Company culture, compensation
philosophy, and compensation
strategy
Base pay plan
Variable or incentive pay plan
Individualized rewards &
recognition

28.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Know what motivates
your workforce
Some creative perks out there…
• Fido Friday
• Catered lunches
• Learning and development
opportunities
• Free fruit
• Gym memberships
• Passes to sporting events
• Days off after big deadlines
• In office massages

29.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Pay Fairly
of top performing companies say
their employees are paid fairly
Vs 73% of all companies
83%

30.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Need help getting started?
• Get to know the makeup of your workforce; ask what motivates them
• Review all elements of your comp plan, especially strategy and mix of pay
• Decide how transparent you would like to be; start mapping the steps to
get there
• Do a market study to see whether you are, in fact, paying your people
• Do an internal audit to ensure you’re paying fairly

31.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
3Focus on their people

32.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Talent
Deficit
Shrinking
Tenures
Skills
Gaps

33.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Top CEO “Critical Issues”
HUMAN CAPITAL
the last three years in a row

34.
Ram Charan
Best-selling Author, Business Advisor

35.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
GREATNESS
PEOPLE ARE CAPABLE OF
but are too often held back by
SELF IMPOSED LIMITATIONS

36.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
There’s a light that shines in each of us,
sometimes we just need help focusing it.
@rustylindquist

37.
© Rusty Lindquist

38.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Alignment
Competency
Opportunity Passion
The sweet spot

39.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do
Finding Their Superpower

40.
bamboohr.com payscale.com
Uncommon Things That Top Performing HR Professionals Do

41.
@rustylindquist
The key to sustainable competitive
advantage is the optimization of
human capital; attracting, inspiring, and
empowering great people.

42.
– Josh Bersin

43.
Uncommon Things That Top Performing HR Professionals Do
bamboohr.com payscale.com
Thank you!
BambooHR
Payscale
Free job posting on our ATS.
We will contact everyone within the next week with details.
Download our free ebook.

44.
Uncommon Things That Top Performing HR Professionals Do
bamboohr.com payscale.com
Rusty Lindquist
VP Product Marketing
BambooHR
@rustylindquist
linkedin.com/in/rustylindquist
Adam Peddicord
Sr. Director Customer Success
Payscale
linkedin.com/in/adampeddicord
Questions?