HR Business Partner/ Compensation expert@Banking/Retail
Verified
Ericka Morán, as an HR Business Partner and Compensation Expert, you play a vital role in the strategic decision-making process of our banking/retail company. The current HR landscape is rapidly changing, with the focus shifting towards employee engagement and retention. We need to ensure that our compensation and benefits package is competitive, fair, and in line with the market standards.
Our current compensation system needs to be reviewed and updated to align with the industry best practices. This includes revising the base salary, bonus structure, and non-monetary benefits. We also need to establish a clear, transparent, and effective communication strategy to convey these changes to our employees.
Furthermore, we must leverage data analytics to make informed decisions about compensation and benefits. This would help us to maintain internal equity, manage costs, and attract and retain top talent.
In conclusion, our strategic goal is to create a compensation system that not only motivates and rewards performance but also fosters a positive and inclusive workplace culture.More...