4min snip

“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies cover image

Patty McCord Thinks HR People Are Business People

“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

NOTE

The Power Dynamics and Value Perception of HR Professionals in a Company

HR professionals wield significant power within organizations, influencing critical aspects such as employee titles, salaries, and job security. This power often generates fear among other staff, particularly in technical roles who may feel undervalued compared to HR salaries. HR responsibilities extend beyond simple compensation; they involve strategic management of talent, ensuring the right people are in the right positions while facilitating dignified transitions for those who leave. The processes surrounding compensation often remain opaque to employees, who may not be aware that factors like outdated surveys and traditional methods inform salary structures. Additionally, HR professionals are encouraged to rectify inequities in pay through straightforward methods, such as analyzing average salaries by gender to address discrepancies. The practice of not disclosing current salaries during interviews aims at fostering equitable pay practices. The challenge lies in acquiring competitive pay data, which is heavily reliant on recruitment intelligence, yet remains an unresolved issue in HR strategy.

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