"To be their most efficient, an organization needs to make sure they have the right people in the right place at the right time to meet their strategic goals. If a company pays too high of a wage, they lose valuable dollars. If a company pays too little, they lose their best team members to other organizations. Most organization's largest bill is in the form of wages and benefits. If you do not have a compensation professional on staff, you may not be paying enough, or you may be paying too much. It is a science to find the right salary that works for both the employer and the employee. Compensation professionals understand this nuance, and that is why they are a critical hire for any organization."
