In this episode, Wade shares his journey into the field of total rewards, a crucial sub-function of HR that deals with employee compensation and benefits. Wade discusses the importance of ensuring employees feel competitively paid, addressing the significant impact compensation perception has on employee retention. He covers key trends shaping the total rewards landscape, including pay transparency and the evolving expectations of younger employees. Wade also delves into his approach to fostering a strong company culture, managing global benefits, and the importance of flexibility and trust in compensation management. Through various personal experiences and insights, Wade underscores the importance of being transparent, flexible, and employee-focused in the ever-evolving field of HR.

00:00 Introduction and Career Beginnings

00:14 The Importance of Compensation and Benefits

01:54 Corporate Compensation Journey

03:06 Global Compensation Strategies

05:08 Trends in Total Rewards

06:33 Employee-Centric HR Practices

13:51 Challenges and Controversies in HR

17:14 Managerial Responsibilities and Training

20:50 Final Advice and Insights