Compensation Philosophy Worksheet
How to Use This Worksheet
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Why Use This Worksheet
The default approach to compensating talent isn’t equitable. So we can’t use the old rules and systems and expect different results. We empower social impact organizations like yours to reimagine the process, beginning by wrestling with the big questions—such as whether you pay people based on merit, experience, or both—to ensure decisions are grounded in your values. The worksheet beginning on the next page is intended to help you get started defining your compensation philosophy to support the design and implementation of a structure that reflects it. We recommend you work with a diverse group of 3-5 colleagues from management as well as your HR/People team to work through this exercise together.
Before you get started, we’d recommend you take a look at our 90-minute Compensation Pillars of Equity Assessment to assess the extent to which your compensation program aligns to the core pillars of compensation equity we recommend to all our clients.