HR
Compensation
Learn Compensation with the Practica AI Coach
The Practica AI Coach helps you improve in Compensation by using your current work challenges as opportunities to improve. The AI Coach will ask you questions, instruct you on concepts and tactics, and give you feedback as you make progress.Curated Learning Resources
How Instacart Uses Data to Craft A Bespoke Comp StrategyInstacart took these steps to institute a data-driven approach to compensation: 1) Tailor market data 2) Define your market position and employee leveling 3) Stress-test your comp strategy 4) Outline the entire benefits of a position’s compensation 5) Track former employees like alumni
A Counterintuitive System for Startup CompensationMolly explains these golden rules for compensation in-depth: 1) No one is ever happy with compensation, and compensation has never made anyone happy. 2) People always find out what everyone else is making. 3) Create a system that revisits compensation only 1-2x a year. 4) On the spectrum between formulaic and discretionary compensation, be as formulaic as you can.
How to Structure Executive CompensationKevin provides a framework for structuring executive compensation across every function: • On-Target Earnings • Base/Variable Split • Plan Goals • Measurement Period • Payout Frequency • Decelerators & Floors; Accelerators & Caps
GitLab's Compensation CalculatorGitLab's not only provides a compensation calculator, but explains how each of the components work: • SF Benchmark • Location factor • Level Factor • Compa Ratio
Related Skills
- Job Leveling
- Company Culture
- New Manager Training
- Employee Onboarding
- Organizational Structure
- People Analytics
- Career Development
- Employee Handbooks
- Employee Retention
- Diversity and Inclusion
- Learning and Development
- Transparency
- People ROI
- Employee Survey
- PTO Policies
- Company Values
- HR Metrics
- Job Titles
- Exit Interviews