CUSTOMER STORY
Caris Healthcare strengthened pay recommendations across five states with CompAnalyst® Market Data
Amid rapid growth across five states, Caris Healthcare used CompAnalyst® Market Data to support data-driven pay recommendations and leadership alignment. Results included 70% nurse retention and improved hiring timelines.
INDUSTRY
Healthcare
COMPANY SIZE
Enterprise
CATEGORY
CompAnalyst® Market Data
THE CHALLENGE
Workforce growth, regional pay challenges, and retention pressure
Amid rapid growth across five states, Caris Healthcare faced a competitive labor market, regional pay disparities, and the need to retain key talent while building a credible, data-driven compensation strategy tailored to the hospice industry.
THE SOLUTION
CompAnalyst® Market Data for strategic compensation management
Caris Healthcare adopted Salary.com's CompAnalyst® Market Data to support compensation planning, equity reviews, HR initiatives, forecasting and budgeting for funding needs, benchmarking pay in new markets, and confidently justifying competitive pay targets to management and stakeholders.
THE RESULT
Improved retention, faster hiring, and strategic compensation credibility
- 70% nurse retention across five states, reducing turnover pressures
- Improved hiring timelines by aligning HR and management around trusted data-driven compensation recommendations
- Enhanced credibility of HR strategy with leadership
It's easy to get started
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