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Pulling Back the Curtain
How to Build a Transparent Comp Program
Noah Warder
Head of People, Guusto
Founder & Principal,
PeopleOps Consulting
Steps to Transparency?
Step 1 - Compensation Philosophy
● Market Rates
● Total Rewards
○ Equity, Cash, Benefits, etc
○ Intangibles (flexible work, culture,
etc)
● Choice
● Cadence
Step 2 - Bands
● Geo-agnostic
○ Vancouver
● Low/Mid/High
● Percentile?
● Data
Step 3 - Competency Frameworks
● IC vs Manager
● Number of levels
● Department specific vs company wide
● Training
○ Buy-in
○ Performance management
Step 4 - Education
● Executives
● Managers
● The Team
○ Philosophy
○ Surveys
○ Market rates
Step 5 - Education again
● Talk about it some more
● Department specific
● Resources
● Equity????
MISTAKES
● Assumptions
● Stakeholder input
● Relied on Execs
● Data
● Competency Framework
Questions?

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Pulling Back the Curtain - How to Build a Transparent Compensation Program - Noah Warder

  • 1. Pulling Back the Curtain How to Build a Transparent Comp Program
  • 2. Noah Warder Head of People, Guusto Founder & Principal, PeopleOps Consulting
  • 4. Step 1 - Compensation Philosophy ● Market Rates ● Total Rewards ○ Equity, Cash, Benefits, etc ○ Intangibles (flexible work, culture, etc) ● Choice ● Cadence
  • 5. Step 2 - Bands ● Geo-agnostic ○ Vancouver ● Low/Mid/High ● Percentile? ● Data
  • 6. Step 3 - Competency Frameworks ● IC vs Manager ● Number of levels ● Department specific vs company wide ● Training ○ Buy-in ○ Performance management
  • 7. Step 4 - Education ● Executives ● Managers ● The Team ○ Philosophy ○ Surveys ○ Market rates
  • 8. Step 5 - Education again ● Talk about it some more ● Department specific ● Resources ● Equity????
  • 9. MISTAKES ● Assumptions ● Stakeholder input ● Relied on Execs ● Data ● Competency Framework