Pay by Design: Applying Economic Principles to Compensation Strategy
Wednesday, June 10, 11:15 AM - 12:00 PM
Bay Laurel | Presentation
Compensation
Compensation

Every pay program tells an economic story. How employees respond to incentives and even who chooses to join or stay with an organization are shaped by economic principles. This session explores how to apply economic principles to compensation strategy.

Topics include:

  • How differences in what employees and employers know affect trust, fairness, and incentive design.
  • Why most employees prefer predictable income over upside potential.
  • Why employees don’t always make “rational” choices.
  • What employee choices reveal about what people truly value.
  • How pay design influences who applies, who stays, and who leaves.

The session provides actionable insights to help practitioners design pay programs that are aligned with how employees actually behave.