Compensation planning: Your key to retaining top talent

It’s a simple formula: If you’re not paying valued employees market wages, you will lose them. And the best way to ensure your pay remains competitive as the market evolves is to build a compensation plan that reflects the true value of your employees.Savvy companies know a solid, well-structured compensation plan can help attract and retain elite talent, especially in fast-paced industries such as technology, says Mykkah Herner, modern compensation evangelist for cloud compensation