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Thank you for taking the time to provide feedback. I'm glad to hear you see the growth and mentorship opportunities here at Consor and our work schedule flexibility!
With over 81% of employees completing our most recent anonymous employee survey and 70% completing the previous survey, we do look toward those results to guide us with feedback for focused actions. Still, our compensation monitoring extends significantly beyond our annual employee surveys. While we're happy to see we're significantly above benchmarks in team member satisfaction with overall compensation, we don’t rest on those results. We regularly benchmark our program with like-sized firms in our industry and markets. In 2022 the market shifted rapidly, and we took intermediate steps to adjust compensation mid-year in areas where the shifts were more significant than anticipated. In addition, we’ve implemented tools allowing us to monitor and forecast market trends with real-time data, and we continue to review our program comprehensively and adjust. Base salary is just one component of our comprehensive package, which includes a broad group benefits program, 401K match, spot and annual bonuses, financial contributions towards team member professional development, and extensive paid time off. Lastly, we recently hired a compensation analyst whose role is devoted to this work across the firm, so rest assured, assessing employee pay, staying in tune with our markets, and adjusting are top priorities.
As Chief People Officer, my door is always open if you have additional questions about salary and pay adjustments.