- FNDN Series
- Authors
- Matt McFarlane
Matt McFarlane
Hi, I’m Matt 👋 Director of FNDN. I’ve had a career leading People Operations functions across companies small and large, some that achieved acquisition and others that saw unicorn valuations. One constant throughout my People Operations experience, was nailing compensation strategy. When I help establish and implement great practices, I do so with the experience not just of a compensation specialist, but someone who has been responsible for the manager conversations, the employee experience and the commercial wellbeing of a company — just like you. Follow me on LinkedIn for lots of compensation tips and advice. Stream interviews on Spotify here: https://open.spotify.com/show/4GeBIeZOKrFxG1oiiPxmiM?si=bcb13b680d8b4c78
How to build and run compensation across 70 countries — Oyster case study
We delve into the journey of building and running compensation across 70 countries — at Oyster — a B2B SaaS company. We explore the challenges of determining fair compensation for a diverse global workforce. From establishing a compensation philosophy to creating artificial salary bands and implementing pay transparency, this case study offers valuable insights into navigating the complexities of global compensation.
Inflation should drive changes to minimum wage, not your employee’s salaries.
When it comes to salary adjustments, it's reasonable to apply inflation-based increases when we're talking about things like the minimum wage, but companies must look beyond inflation and consider the job market for effective and fair compensation practices. This means aligning your salary with the market value of your skills and experience.