In this episode, compensation consultant Scott Trumpolt, G.R.P. shares how he transitioned into compensation, highlights the importance of HRIS systems in pay analytics, and breaks down certifications like the GRP and CCP. With 30 years of experience, Scott offers a global perspective on pay structure design, market-based compensation, and the strategic role of HR.
Highlights
- The surprising "death benefit" offered by Google ☠️
- What HRIS pros must know about pay structures 📊
- How to handle inflation and pay transparency in comp planning 🔍
- Why Excel is still your best friend in compensation 💻
Listen On:
- YouTube. https://youtu.be/cSgw06SKuTU
- Apple Podcasts https://podcasts.apple.com/us/podcast/compensation-principles-all-hris-pros-must-know-with/id1741363105?i=1000705637939
- Spotify https://open.spotify.com/episode/3hZt6sN2sd3uJZkr2CbVOR?si=y2crr1o9TPWQ7d94MpRWNw
- All Other Platforms https://pod.link/1741363105
Resources Mentioned
- Scott Trumpolt on LinkedIn. https://www.linkedin.com/in/scott-trumpolt-m-a-g-r-p-257a6b317/
- hrmpensationconsulting.com. https://hrcompensationconsulting.com/
- World at Work – GRP/CCP Certifications https://worldatwork.org/
- HRIS Software Overview – Past Episode https://youtu.be/xsPmT0dAYxs
Pardon the interruption. Join your HRIS colleagues at this free webinar on how to get noticed for HR jobs. Register here.
Chapter Timestamps
00:00 – Intro and Welcome
01:14 – Meet Scott Trumpolt
02:00 – Entering the HR Field
04:30 – Mentorship and Data-Driven Compensation
07:15 – Strategic Value of HR
12:00 – Critical Comp Concepts for HRIS Pros
17:00 – Common Consulting Projects
20:00 – Inflation and Market Adjustments
25:00 – Cost of Labor Models
34:00 – GRP vs CCP Certification
40:00 – Compensation Tools and Budgets
46:00 – Fun Lightning Round