Here’s the plan to work through both hiring and retaining top employees. Consulting meetings will bring answers to the questions below. Checklists, templates, and action items will be provided.
Phase 1 Review Hiring Practices | 1. Do you display your pay range with Colorado Equal Pay Equal Work Act? 2. Are the job functions and job title clear and accurate? 3. How much information do you provide the candidates about your organization and benefits (besides medical/dental – ex: flex schedule, remote work, paid time off, employee appreciation events? |
Phase 2 Market and Job Description Analysis | 1. What are other organizations paying for the same position(s)? 2. What level of position are we trying to hire? 3. What are the minimum qualifications (education and experience) of the position(s)? |
Phase 3 Equity Analysis | 1. Are we paying consistently based on qualifications? 2. Are gender and/or race affecting pay decisions? |
Phase 4 Retention Plan | 1. What else can we do to pay our employees for their hard work? 2. What do we do if an employee brings a counter offer to retain? |