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Turning pay into a business driver: A CHRO + CFO conversation

Comp and Coffee

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Aligning Compensation Strategies with Business Goals

This chapter discusses the challenges faced by compensation professionals in budget discussions, emphasizing the need for data-driven insights and strategic alignment with financial objectives. It highlights the importance of collaboration between HR and finance teams to foster productive dialogues and informed decision-making. The chapter also examines the complexities of modern compensation budgeting, including trade-offs and long-term planning, to ensure effective talent acquisition and retention.

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