Base Pay Management
Methodically valuing the work performed in the organization from an internal and/or marketplace perspective.
Fun Fact- Base Pay
According to a recent WorldatWork/Deloitte Consulting survey, a whopping 96% of organizations target their pay range midpoints at the 50th percentile of market. (Neither creative nor mathematically plausible).
Clearwater in the News
“If you are lucky enough to work at a company with a pay scheme designed by [Clearwater]... you can learn a new technical skill and go for that promotion.”
- Unshrink by Max McKeown
Articles and Related Content
Following are articles written by, or featuring, Clearwater consultants.
Workspan Magazine article describing the ideal characteristics of a pay structure and policy for the next 10 years.
Journal of Compensation & Benefits article discussing the strengths and weaknesses of employee-based pay versus job-based pay.
Journal of Compensation & Benefits article describing the advantages of dual career paths and a process for developing them.
Journal of Compensation & Benefits article outlining a process for developing a skill-based pay program.
Base Pay Advantage
Although market pay is important, we believe the correct pay for a job considers both the job's contribution to your organization and the job's value in the marketplace.