Flip Flops & People Ops (w/ Christie Hoffman)

Compensation Planning 101


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Christie Williams is the VP of Employee Success at Softdocs. A long-time friend of the show and a lovely human, she walks us through what it takes to build a  compensation plan for your organization.  

Moments to Catch:

  • What's a compensation plan? — 3:15 
  • Get on the same page with leadership — 4:50
  • Writing a compensation philosophy — 7:30
  • Why pay bands don't matter if you can't retain your workforce  — 8:00
  • Why being small isn't an excuse to not have compensation plan  — 11:15
  • Never swap titles for money — 12:34
  • Getting executives on the same page with salary budgets — 15:00
  • Anatomy of a compensation plan — 17:30 
  • Getting organized  (Keep it simple!) — 27:00 
  • Handling pay differences due to region  — 29:30
  • Should you share the compensation plan with the company? 33:50 
  • Compensation surveys  — 36:05
  • Total rewards  — 36:35
  • How often to update your compensation plan — 40:30

Templates For You!

  • Levels Explained
  • Compensation Ranges (multiple tabs) 

Connect with us on LinkedIn

  • Christie Hoffman 
  • Christie Williams (she literally says you can reach out to her anytime! Take advantage of her experience!)
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Flip Flops & People Ops (w/ Christie Hoffman)By Christie Hoffman