Empower Your Compensation Strategy: Navigating Wage Distortion and Salary Benchmarking
Are you unfamiliar with wage distortion and how it could be affecting your organization? When left unaddressed, it can have a significant impact on morale and productivity.
Wage distortion happens when a minimum wage increase reduces the wage gap between different employee groups. Despite its goal of helping lower-earning employees, it sometimes widens the gap between minimum wage workers and their counterparts.
Correcting wage distortions isn’t just an ethical choice—it’s an investment in your organization’s growth. Salary benchmarking is a dynamic tool that can help you align your compensation structure with industry standards and regional trends.
Elevate Your HR Practice By Correcting Wage Distortions
Join us on this on-demand event, to explore wage distortion and the transformative power of salary benchmarking.
This unique opportunity will help you adjust and align your compensation strategy for success!
Organizer
Sprout Solutions is the largest local SaaS company in annual recurring revenue (ARR) in the Philippines, impacting the lives of Filipinos by improving business in the country. Sprout offers an HR platform for the future of work with an ecosystem of desktop and mobile solutions that automate and simplify core HR & Payroll, recruitment, performance management, employee engagement and benefits, and valuable HR analytics. These innovative solutions have been consistently awarded by G2 and Capterra, recognized global review sites that identify top business software products. Also awarded as a 2024 Growth Champions by Philippine Daily Inquirer.
