WEBINAR

Comp Conversations: The Benefits of Communicating Career Progressions

Comp Conversations: The Benefits of Communicating Career Progressions

Is your organization battling a skills gap?

If so, you’re not alone. According to the Salary.com 2023 Workforce Skills Gap Survey​, nearly a quarter of organizations face the same problem.

Three factors lie at the root of the issue:

  • The labor shortage
  • High staff turnover
  • New technology

Unfortunately, none of these factors are going away anytime soon. We must be proactive to close the skills gap. Enter VP of Compensation Consulting, Garry Straker.

Garry has more than 20 years of experience providing total rewards consulting services to a diverse list of clients from various industries, including technology, logistics, higher education, non-profit, healthcare, the public sector, and others.

In today’s Comp Conversation, Garry proposes leveraging your existing talent to narrow the skills gap. Recruiting internally has several advantages, including:

  • Shorter recruiting time
  • Reduced staff turnover
  • Increased diversity, equity, and inclusion (DEI)

Garry explains how communicating a clear career path with employees brings out the best in them. Employees are more engaged when they know how to advance their position, develop new skills, and earn more money.

You will learn how to start developing an internal recruitment architecture, a timeline for implementation, and the common pitfalls you’ll want to avoid.

Key Takeaways:

  • Impact of Internal Mobility
  • How to Get Started
  • Common Challenges and How to Deal with them.

It's Easy to Get Started

Transform compensation at your organization and get pay right — see how with a personalized demo.