Steve Brink - HR Tech 2022 Series - Creative Compensation Solutions for the Talent Shortage

Send us a text Summary: Steve Brink is the President and Chief Revenue Officer of uFlexRewards, a digital global total rewards platform that combines multiple data silos into one real-time platform. At uFlexRewards, Steve is responsible for the growth of the client base which includes new clients, partnerships, and potential resellers. As you’ll also hear, Steve was David’s second ever boss! In this episode, Steve talks about how companies need to think outside the box to win talent in a rapidly changing and bizarre economic landscape. Chapters: [0:00 - 6:10] Introduction Welcome, Steve! Today’s Topic: Can Creative Compensation Solutions Counteract the Talent Shortage? [6:11 - 14:43] Looking back at 2022 Thinking outside the box can help organizations win the “war on talent” Total rewards strategies need to be part of the overall business strategy [14:44 - 22:55] Lessons learned from 2022 Why organizations need to focus on support the mental health of their employees Talent now has more leverage than ever before [22:56 - 29:01] Predictions for 2023 Attaching pay increases to achieve skills and competencies Transparently communicating career progression to employees [29:02 - 29:41] Closing Thanks for listening! Quotes: “There’s pay transparency, and then there’s taking it to the next level and giving [candidates] the opportunity to compare their current benefits with their potential benefits if they were to accept a job offer.” “Wouldn’t it be cool to have a different paradigm about pay where instead of [giving salary increases] just because the clock changed, we do so based on what what they actually do to impact the company?”Contact:Steve's LinkedInDavid's LinkedInProduction by Affogato MediaPodcast Manger: Karissa Harris To schedule a meeting with us: https://salary.com/hrdlconsulting For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/ Produced by Affogato Media