CompTool News

In Case You Missed It

Justin Hampton had the honor of speaking at the World at Work Conference in May. With a full house, he was able to live stream his presentation about Wage Inflation, Pay Surveys, and much more. The link to the full presentation can be found below:

World at Work Article by Justin Hampton

• One Foot Out the Door: When are Counteroffers Worth Considering?

Some CompTool Tuesdays You May Have Missed:

• June 3rd:?Job Opportunities with CompTool
• May 17th:?The Importance of Communicating Comp Programs
• May 10th:?Weekly Round Up
• May 3rd: Talking Shop

Squirrel 2.0 is Here

We've made a big update to Squirrel that we're excited to share. Not only has the design changed, but we've added a lot of features, with more on the way.?

New Reporting

We've leveraged the power of Tableau to provide beautiful and interactive reports. Everything is interactive allowing you to search by zip-code, select multiple locations at once, and even drill into specific companies. All just by clicking what you see.?

Introducing Acorns

Acorns are Squirrel's version of a benchmark job (but not to be confused with). We've created and saved more than 1,000 job searches using advanced queries, so you don't have to spend time perfecting your own searches.

Recent Pulse Surveys

As Compensation Professionals, we love hearing your thoughts on various comp topics. Check out the most recent polls from this month:

• When it comes to BONUS, how much more do top performers receive, compared to average performers in similar jobs?
• When it comes to MERIT, how much more do top performers receive, compared to average performers with similar compa-ratios?
• What percentage of MANAGERS understand your compensation philosophy?
• What percentage of The C-SUITE understand your compensation philosophy?
• What percentage of EMPLOYEES understand your compensation philosophy?
• What is the threshold trigger for your incentive plans?
• Do you provide any kind of extra incentives/recognition for your Employee Resource Group (ERG) leaders?
• Do you **GUARANTEE** more pay for employees that earn a certification that is not required for the job (like a CCP, PMP, or CBAP)?
• Do you make your salary surveys (including the market data) available to your management teams?
• Which do you believe is the best measure of a compensation program's effectiveness?
• What jobs are you having the hardest time staying competitive with? Pick 1:
• How much will you adjust your pay structures this year?
• How are you (primarily) managing inflation right now?
• If we are posting the salary ranges in job postings, we are posting:
• Regarding posting our salary ranges in job postings, our organization:

Upcoming Events with World at Work

Join us on July 13 at 11:00 a.m.?for a live webinar with Justin Hampton, CCP, President and Founder, Compensation Tool as he discusses how to bolster your organization’s competitive stance in?“Stay Competitive Even When the Data Doesn’t Support It”

Sign up for the webinar HERE

Get in Touch

Want to learn more about CompTool or Squirrel and how we can streamline and elevate your comp team? Let's chat:?Book a Meeting