Affinity Plus Federal Credit Union
How Affinity Plus Federal Credit Union transformed pay conversations and strengthened employee engagement with Payscale
Read full case studyChallenge · implementation · outcomes
Affinity Plus, a Minnesota-based financial cooperative, is committed to fostering an inclusive, engaged, and equitable workplace. Affinity Plus faced increasing pressure to mature their compensation program as Minnesota prepared to pass pay transparency legislation and employees became more invested in how and why pay decisions were made. There were some initial concerns about potential negative feedback from employees if pay ranges were shared more broadly, as well as the added complexity of translating compensation data into actionable insights. Thankfully, leadership recognized the need to reevaluate comp practices to ensure fairness, clarity, and alignment with company values.…
The partnership with Payscale provided the Affinity Plus team with expert guidance on developing a compensation strategy that made sense for the business. Payscale’s Comp Expertise team helped the company refine its pay structure, simplify its pay range placement guidelines, and align the compensation strategy to support company initiatives. This work created a foundation to make it easier for leaders to better assess their employee’s performance and development in their role, determine the appropriate salary, and confidently communicate pay decisions and career growth opportunities to employees.…
This case study explores how Affinity Plus Federal Credit Union successfully navigated the complexities of pay transparency legislation and compensation restructuring by partnering with Payscale. Moving from pay confusion to clarity, it increased employee engagement, proving the business impact of transparent and fair compensation practices. This work has positioned Affinity Plus Federal Credit Union as a leader in their industry for compensation best practices.
