Navigating Compensation Data for Strategic Decisions with Merryman Putnam, MBA, CECP, SR Director at Fahrenheit Advisors

In this episode of RSHRM Voices, we explore the critical world of compensation data and how HR professionals can harness its power to make informed and strategic decisions. Join us as we discuss the intricacies of different data sources, the challenges they present, and the best practices for selecting and utilizing the right data for your organization’s needs.

Speaker Bio: Merryman partners with clients to provide compensation expertise in crafting total compensation packages designed to ensure companies are able to hire the right talent. For 20+ years she has worked with public, private, private equity, government, tribal, and nonprofit entities in a variety of industries including aerospace/engineering, banking/finance, healthcare (including FQHCs), insurance/workers’ compensation, manufacturing, technology/software asset management, transportation and utilities.

Throughout Merryman’s career, she has managed compensation plans for executives and boards of directors, coordinated the preparation of CD&As for proxy statements, and managed deferral communications and enrollment. She has conducted total compensation package reviews, conducted comprehensive market studies, created salary structures, and designed incentive plans. She has extensive experience with targeted peer group proxy studies for public company clients and Form 990 studies for non-profits, as well as board compensation reviews. Merryman began her career in trust and investment management roles at a Fortune 500 bank before she transitioned into compensation work at a Fortune 500 transportation company, and then into consulting.

Contact www.fahrenheitadvisors.com

The Richmond SHRM Voices podcast, the podcast connecting you to all things HR with your host Tiffany Fortune. The Voices podcasts are brought to you by the Richmond Society of Human Resource Management and Virginia529@work: helping educate your employees to save for education.