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Sample Compensation Philosophy
A good compensation philosophy is a roadmap guiding how your company values and rewards its people. It creates transparency, builds trust, and keeps pay practices aligned with organizational goals. It also encourages a high-performance culture where employees know their hard work will be recognized. Download our sample compensation policy to start making consistent, fair decisions regarding pay, bonuses, and promotions while staying competitive in the market.
A customizable template to support a high-performing and equitable workplace culture
- Define what performance culture means for your organization
- Communicate how performance will be rewarded in terms of salary adjustments, bonuses, and incentives
- Communicate when employees should expect salary adjustments and promotions to occur
- Sample FAQs to share when conducting performance reviews
