5 Tips for Fair Employee Compensation

September 5, 2014

See if this scenario sounds familiar: Your association began with fewer than 10 employees. Each was hired at a pay level resulting from individual negotiations. Starting pay was probably based on what they were earning at their previous job or some similar criterion.

Your association has now grown to 35 or so employees. You don't feel you need a full-blown pay study and a terribly formal structure, but you have noticed that your payroll spreadsheet looks a bit ragged. Some pay looks too high. Other employees could be undercompensated. How do you go from this helter-skelter situation to one in which you are sure your pay is fair and competitive? For five tips on paying employees fairly, view the full article, 5 Tips for Fair Employee Compensation, by ASAE.

Through the Michigan Chamber’s partnership with WageAccess, you can gain access to valuable Compensation, Benefits, Pay Practices and Incentive Pay information and trends in the State of Michigan, and across the United States. Learn more about discounts offered to Chamber members.