S7 E1: Compensation 101: It's More Than Money with Sarika Lamont

Welcome to a brand new season of the podcast, where I’m flipping the script and diving deep into more diverse topics! I’ll be challenging myself (and my guests) to rethink what we think we know about the world of work, and how seemingly unrelated topics still tie back to HR. Today, we’ve got the one and only Sarika Lamont, aka my Comp Guru Queen, joining us! If you want to understand pay transparency and total rewards in a way that actually makes sense, Sarika is here to break it all down.  Spoiler alert: pay isn’t as simple as it seems—and neither is the communication behind it.  We talk about why employees often misunderstand compensation, how we can improve the conversation, and why education is the key to getting pay transparency right. Are you ready to unlock the full potential of your workforce? PI empowers organizations to align talent with business strategy, helping you drive results and build a culture where your people truly thrive. Transform how you hire, engage, and lead—visit predictiveindex.com to learn how you can create meaningful change in your organization today! 00:05:45 - One Topic Sarika is Interested in Right Now 00:16:05 - Explaining Compensation and Total Rewards in Simple Terms 00:19:07 - How do you Decide What Employees Should be Paid? 00:36:22 - What Makes Creating Good Pay Packages so Challenging? 00:53:55 - What do Employees Misunderstand About Pay, Benefits, and How They’re Determined? 01:13:55 - Should Companies be Open About How Much They Pay Employees? 01:16:02 - Non-money Rewards That Companies Can Offer to Make Employees Feel Valued 01:17:36 - How Pay and Rewards for Employees Will Change in the Future And if you love I Hate It Here, sign up to Hebba’s newsletter! It’s for jaded, overworked, and emotionally burnt-out HR/People Operations professionals needing a little inspiration. https://workweek.com/discover-newsletters/i-hate-it-here-newsletter/   And if you love the podcast, be sure to check out https://www.youtube.com/@ihateit-here for even more exclusive insider content! Follow Sarika: LinkedIn: https://www.linkedin.com/in/sarikal/ Follow Hebba:  YouTube: https://www.youtube.com/@ihateit-here/videos LinkedIn: https://linkedin.com/in/hebba-youssef Twitter: https://twitter.com/hebbamyoussef