Carolyn Kildare

Carolyn Kildare, owner of Cadence Compensation Consulting and former Mercer executive, dives into the world of compensation philosophies. She outlines how a robust compensation philosophy acts as a guiding principle for aligning pay with business goals. Topics include the dangers of paying new hires more than loyal employees and the impact of market pressures on compensation strategies. Carolyn emphasizes the importance of transparency, fairness, and crafting a philosophy that supports a performance-driven culture. It's a high-stakes conversation that doesn't have to be overwhelming!