Ever wonder what the compensation department looks like through the eyes of the talent acquisition team? Well wonder no more, pay peeps. Fellow blogger Tim Sackett gives it to us straight up in his great post Everything You Ever Needed to Know About Compensation.
Let me start by saying I don’t really understand Comp Pros. Seems like a lot of spreadsheets, market analysis, internal analysis, 48-72 hours of waiting, followed by me getting approval to offer the candidate less than what they originally asked for, followed by the hiring manager sending a nasty email to their line executive, followed by me getting approval from said Comp Pro to offer what I wanted to originally, followed by the hiring manager believing I have no idea what I’m doing.
There are natural points of tension in most organizations. Take sales and production as an example. The production staff are often up in arms because the sales team is promising customers the impossible, and the sales people constantly complain that the production department is unresponsive to customer needs and interfering with their ability to close deals. Each pushing against the other in an effort to get their job done.
And then there's recruiting and compensation.
To some extent, the tension can be a healthy thing. Keeps the game sharp on both ends of the stick. Recruiting staff - often in concert with hiring managers - push the pay envelope, sometimes to its limits, in an effort to nab the hot candidate. Compensation people push back, hopefully in an effort to see that reward dollars are being spent well and for the right reasons, ensuring that squeezing the balloon in one place isn't going to cause it to pop out somewhere unexpected or ugly.
Sometimes this is healthy. Sometimes less so. And sometimes we just have to remind ourselves that pay structures, plans and systems are a means to an end; they not the end themselves.
Our job is an important one. Hopefully we do it, when we can, in the spirit of collaborative solutionizing, rather than just dropping obstacles into our colleagues' pathes.