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The modern workplace demands transparency and equity at every level, particularly when it comes to compensation.
As companies implement best practices for pay transparency, they often find themselves reevaluating their entire approach to compensation management.
For HR leaders, this isn’t just about setting competitive salaries—it’s about building pay frameworks that align with company values while supporting both business growth and people’s development.
In a recent HiBob webinar hosted by Naomi Goldberg from our product marketing team, we heard from two HR leaders who’ve tackled compensation consistency head-on: Rony Reich, Director of Compensation, Benefits, HRIS, and People Analytics at Yotpo; and Roza Tapini, Head of People Operations at Skroutz.
Read on as we explore the webinar’s key insights on building fair and transparent compensation practices that empower both businesses and their team members.
<<Watch the full webinar to get all the key takeaways.>>
The fundamental challenges of pay transparency
Creating consistent compensation practices is a rewarding journey that encourages thoughtful strategy and planning.
In the webinar, Roza and Rony shared insights on some common obstacles they overcame while striving to develop fairer and more transparent compensation strategies:
1. Balancing transparency with performance
Striking the right balance between transparency and performance recognition
