HR Data Labs - Season 5 - Episode 13 - HR Tech 2022 Series - Steve Brink - Creative Compensation Solutions for the Talent Shortage
HR Data Labs podcast
English - April 06, 2023 11:00 - 29 minutes - 20.4 MB - ★★★★★ - 12 ratingsManagement Business human resources analytics data people insights insights people big data hr analytics business metrics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Summary:
Steve Brink is the President and Chief Revenue Officer of uFlexRewards, a digital global total rewards platform that combines multiple data silos into one real-time platform. At uFlexRewards, Steve is responsible for the growth of the client base which includes new clients, partnerships, and potential resellers. As you’ll also hear, Steve was David’s second ever boss!
In this episode, Steve talks about how companies need to think outside the box to win talent in a rapidly changing and bizarre economic landscape.
Chapters:
[0:00 - 6:10] Introduction
Welcome, Steve!Today’s Topic: Can Creative Compensation Solutions Counteract the Talent Shortage?[6:11 - 14:43] Looking back at 2022
Thinking outside the box can help organizations win the “war on talent”Total rewards strategies need to be part of the overall business strategy[14:44 - 22:55] Lessons learned from 2022
Why organizations need to focus on support the mental health of their employeesTalent now has more leverage than ever before[22:56 - 29:01] Predictions for 2023
Attaching pay increases to achieve skills and competenciesTransparently communicating career progression to employees[29:02 - 29:41] Closing
Thanks for listening!Quotes:
“There’s pay transparency, and then there’s taking it to the next level and giving [candidates] the opportunity to compare their current benefits with their potential benefits if they were to accept a job offer.”
“Wouldn’t it be cool to have a different paradigm about pay where instead of [giving salary increases] just because the clock changed, we do so based on what what they actually do to impact the company?”
Contact:
Steve's LinkedIn
David's LinkedIn
Production by Affogato Media
Podcast Manger: Karissa Harris