Compensation is a bit of a mystery to most people outside of HR. We go to work to make money and receive benefits, but aren’t always sure how our salaries and benefits packages are decided. In order to understand if we are being paid fairly, negotiate an offer, or counsel a friend on a career change, we need to have some understanding of compensation. Interestingly, in most cases, the more people know about how they are being compensated, the better they feel about their pay and benefits.  I’m going to let you in on some secrets to help demystify compensation. Continue reading “Compensation 101: What You Need to Know Now”