Introduction In today’s diverse work environments, addressing unconscious bias in compensation has become a critical priority for organizations striving for fairness and equality. To start, let’s define what unconscious bias means. Unconscious bias refers to our subconscious assumptions and beliefs that result in our brain making learned mental short-cuts that impacts how we perceive and… Continue reading Unconscious Bias: Strategies for Addressing Bias in Compensation
With the Bank of Canada’s recent announcement on July 12, 2023 that it would be raising their policy rate by 25 basis points to 5%, the impact of inflation, which peaked at 8.1% last summer, is now back in the headlines. Although inflation has eased, and was last reported in May at 3.4% for Canada,… Continue reading Salary Increase Budgets during Inflationary Times
The Importance of Performance Management Performance management has long been a critical aspect of organizational success, providing a framework for evaluating and improving employee performance. The purpose of performance management remains crucial: to see performance clearly, recognize it, and fuel it. However, traditional methods like annual performance reviews have encountered challenges that limit their effectiveness… Continue reading Fueling Growth and Engagement in Performance Management
When you are experiencing retention and recruitment concerns, it can be challenging to know what component of total rewards to prioritize and address. Often, we see organizations making changes to increase their benefit offerings, or give additional perks, before addressing the more fundamental parts of total rewards. Here, we’ll highlight the key areas of focus,… Continue reading Recruit & Retain Employees: Compensation & Total Rewards
There is a lot of conversation around the living wage and its positive impacts as well as its challenges. That’s why we want to talk about it! A living wage is more than just a concept; it possesses the potential to create meaningful change in people’s lives. It provides individuals and families with the means… Continue reading The Impact of a Living Wage
On June 20th, 2023, White & Gale’s Founder and CEO, Laura Gale, was a panelist to discuss the new pay transparency legislation in British Columbia. The webinar, BC’s New Transparency Law (Part 1), was hosted by Dianne Rideout and Michelle McKinnon, Partners (Labour & Employment) at Cassels Brock & Blackwell LLP, and featured Annika Reinhardt,… Continue reading BC’s New Pay Transparency Laws
As companies compete for talent, salary surveys provide organizations with data on the pay for jobs in the market. This data allows companies to know if they are paying employees competitively and target a competitive pay position. We recommend purchasing third-party salary survey data that collects data directly from employers of the participating companies. This… Continue reading COMPENSATION SALARY SURVEYS – Some of our favourites and why
How to Create a Comprehensive Compensation Framework to Attract and Retain Talent. As workers consider switching jobs, prioritizing flexibility and other perks, the time is perfect for companies to define a compensation philosophy and framework to guide promotions, hiring, and pay raise decisions. The world of work shifted significantly within the past year, and employee… Continue reading Is Your Company Competitive?