<description>&lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;In this episode of the Resilient Leaders Journey, Trent speaks with compensation consultant Scott Trumpolt (www.hrcompensationconsulting.com) about the evolving landscape of compensation in the workplace. They discuss the role of compensation consultants, the impact of remote work on compensation strategies, and the importance of employee engagement. Scott shares insights on generational differences in compensation expectations, the significance of pay transparency, and the need for effective communication of career development opportunities.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;Takeaways&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Compensation is essential for attracting and retaining talent.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Remote work has transformed compensation strategies.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Employee engagement is crucial for organizational success.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Younger generations prioritize pay transparency and career growth.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Companies must communicate clear career paths to employees.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;*Benefits beyond cash compensation are increasingly valued.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;Chapters&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;&lt;a class= "yt-core-attributed-string__link yt-core-attributed-string__link--call-to-action-color" tabindex="0" href= "https://www.youtube.com/watch?v=0KkMGoFPuiM&amp;t=307s" target= ""&gt;05:07&lt;/a&gt;&lt;/span&gt; &lt;span class= "yt-core-attributed-string--link-inherit-color" dir="auto"&gt;Remote Work and Compensation Dynamics&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;&lt;a class= "yt-core-attributed-string__link yt-core-attributed-string__link--call-to-action-color" tabindex="0" href= "https://www.youtube.com/watch?v=0KkMGoFPuiM&amp;t=576s" target= ""&gt;09:36&lt;/a&gt;&lt;/span&gt; &lt;span class= "yt-core-attributed-string--link-inherit-color" dir="auto"&gt;The Importance of Pay Transparency&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span class="yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;&lt;a class= "yt-core-attributed-string__link yt-core-attributed-string__link--call-to-action-color" tabindex="0" href= "https://www.youtube.com/watch?v=0KkMGoFPuiM&amp;t=1002s" target= ""&gt;16:42&lt;/a&gt;&lt;/span&gt; &lt;span class= "yt-core-attributed-string--link-inherit-color" dir= "auto"&gt;Communicating Employee Value&lt;/span&gt;&lt;/p&gt;</description>

Resilient Leader's Journey

Trent Theroux

148. Scott Trumpolt, Compensation Expert

JUL 23, 202526 MIN
Resilient Leader's Journey

148. Scott Trumpolt, Compensation Expert

JUL 23, 202526 MIN

Description

In this episode of the Resilient Leaders Journey, Trent speaks with compensation consultant Scott Trumpolt (www.hrcompensationconsulting.com) about the evolving landscape of compensation in the workplace. They discuss the role of compensation consultants, the impact of remote work on compensation strategies, and the importance of employee engagement. Scott shares insights on generational differences in compensation expectations, the significance of pay transparency, and the need for effective communication of career development opportunities.

Takeaways

*Compensation is essential for attracting and retaining talent.

*Remote work has transformed compensation strategies.

*Employee engagement is crucial for organizational success.

*Younger generations prioritize pay transparency and career growth.

*Companies must communicate clear career paths to employees.

*Benefits beyond cash compensation are increasingly valued.

Chapters

05:07 Remote Work and Compensation Dynamics

09:36 The Importance of Pay Transparency

16:42 Communicating Employee Value