Valley Cities
Due to rapid growth, managing compensation effectively became a crucial component for Valley Cities in finding and retaining great talent.
Due to rapid growth, managing compensation effectively became a crucial component for Valley Cities in finding and retaining great talent.
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To address the creation of a pay-for-performance strategy amid these restrictions, Valley Cities initially worked with several high-priced consultants. "They all told us we could never do it in a nonprofit organization. There’s this perception in nonprofits that there won’t ever be enough money," said Taylor. "But I knew there had to be a better way."
With PayScale, Valley Cities can access the largest, most up-to-date salary database in the world, easily benchmark positions, and price jobs in Seattle—or across the nation. "I can point to PayScale’s salary data with confidence, because I know it’s based on millions of data points, and the scale’s been validated. Even our CFO, who was skeptical at first, is a total convert."