Megan Nail, VP, Total Rewards Practice at NFP

In this episode of the Built by People podcast, Megan Nail, a seasoned HR professional, discusses her career journey and delves into key aspects of compensation and pay equity. Megan shares her strategies for ensuring pay equity across different roles and demographics, the importance of having a structured framework, and the role of data in making informed compensation decisions. Additionally, she touches on the significance of pay transparency in boosting employee engagement and retention. Megan also offers practical advice on overcoming budget challenges and emphasizes the transformative effect of education around compensation for building trust and morale within organizations. 00:44 Meet Megan Nail: A Journey in HR 01:58 Diving into Compensation Strategies 02:57 Communicating Pay Transparency 04:26 Challenges in Pay Equity Initiatives 07:19 The Role of Data in Pay Equity 09:18 Final Thoughts and Advice