In this episode, we sit down with Julie Bingham, Vice President of Compensation and Total Rewards Consulting at MJ Companies, to uncover the complexities of compensation consulting. Julie shares insights drawn from her 20+ years of experience, discussing the nuances of salary versus hourly pay, the importance of understanding compensation benchmarks, and strategies for negotiating pay effectively. We dive into how organizations determine pay, the impact of location on compensation rules, and the role of performance in salary increases. Julie emphasizes the value of self-advocacy and understanding the broader reward structure of organizations to ensure a fulfilling employment experience.