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    Pay Transparency
    David Wudyka
    • Apr 11, 2018
    • 2 min

    Pay Transparency

    Question: My company wants to set a goal of reducing the pay gap between men and women. Do we have to achieve “full parity” for us to be considered successful? Or is “solid progress” enough? These are the days of pay transparency, and most companies and States have just begun to address it. By law in a number of States, companies MUST strive to reduce the “gender equity” gap, as it is known. Pay practices produced a gender pay gap of 30% for many years, and 20% since the Grea
    22 views0 comments
    CEO Performance Evaluation Methods
    David Wudyka
    • Apr 11, 2018
    • 1 min

    CEO Performance Evaluation Methods

    Question: “My company is looking for a better way to evaluate the performance of our CEO. It seems like “stock value” has been the primary way to do so, at least historically. Is it still the best performance measure of a CEO’s efforts to increase the value of a company?” Answer: It is the “common measure” historically, but far from the “best!” A company’s stock market value is affected by many “psychological factors” that influence stock prices in general. For example, in th
    36 views0 comments
    Weighted Employee Pay Averages vs. Medians
    David Wudyka
    • Aug 3, 2017
    • 2 min

    Weighted Employee Pay Averages vs. Medians

    Question: In my role as a Compensation Manager, I compare my company’s internal pay rates against the marketplace. But I’m always curious as to whether I should be using the Weighted Average or the Median as the “central measure of tendency”? Is one better than the other? Answer: Perhaps not “better” but there are good reasons to use one or the other. It depends upon how you value each of these measures, and to some extent upon what you are hoping to accomplish. Let’s look at
    83 views0 comments

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