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Forbes EQ BrandVoice: Real-Time Market Compensation Data Is Not A Panacea

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Now, advances in legislation and technology are changing the way companies think about and handle compensation. Sponsored by TryAssemble

Companies must understand the second and third order effects of using real-time market data, navigating the limitations and downstream impacts of a continually changing market rate.

As pay transparency laws continue to become more commonplace, the need for a decision-making framework becomes even more important, especially if these laws result in more frequent changes to market rates. Lower latency market data is an emerging and important evolution in how companies make compensation decisions, but be clear in your understanding: real-time market data is not a panacea.

 

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