How Skill-Based Pay Replaces Traditional Job Grades

Failed to add items

Sorry, we are unable to add the item because your shopping cart is already at capacity.

Add to basket failed.

Please try again later

Add to wishlist failed.

Please try again later

Remove from wishlist failed.

Please try again later

Adding to library failed

Please try again

Follow podcast failed

Unfollow podcast failed

How Skill-Based Pay Replaces Traditional Job Grades

Listen for free

View show details

Episode 80 of The Compensation Podcast dives into skill-based pay — a model that compensates employees for the capabilities they master rather than the job title they hold. Lucas and Luna explore how companies like IBM and AT&T have shifted away from traditional job grades to pay for skills, referencing IBM's 2016 overhaul of its career framework and AT&T's $1 billion retraining initiative. They break down how skill-based pay impacts total compensation, career progression, and negotiation leverage, using concrete examples from the tech and healthcare sectors. The hosts also discuss the challenges, including measurement complexity and potential for pay compression, and offer practical advice for employees navigating this emerging trend. This episode is essential listening for anyone in a role where skills outpace job descriptions. #SkillBasedPay #TotalCompensation #CareerProgression #IBMCareers #ATT #PayTransparency #JobGrades #CompensationStrategy #TechCareers #HRTrends #EmployeeDevelopment #PayEquity #NegotiationLeverage #WorkforcePlanning #BusinessStrategy #Careers #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

No reviews yet