Mastering Compensation Management with Trevor Janeck from Verrado

In this episode of the Built by People podcast, sponsored by Previ, host Dave D'Angelo welcomes Trevor, an HR executive with over 20 years of experience, currently at Verrado. Trevor shares his career journey from large organizations like Wells Fargo to smaller tech companies and discusses evolving approaches to compensation management. Key insights include the importance of structure, compensation philosophy, pay equity, and the use of technology. Trevor emphasizes the need for a data-driven approach, flexibility, and the pitfalls of relying solely on Excel or anecdotal data like Glassdoor. His parting advice encourages HR leaders to build and fine-tune compensation programs without the fear of failure or perfection.

00:00 Introduction to the Built by People Podcast

00:16 Sponsorship Message from Previ

00:44 Guest Introduction: Trevor's Career Journey

01:29 Transitioning from Large to Small Companies

02:30 Key Principles of Compensation Management

05:41 Common Pitfalls in Compensation Management

09:26 Ensuring Competitive Compensation in Fast-Paced Industries

11:52 The Role of Technology in Compensation Management

13:28 Parting Advice and Conclusion

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