Your Pay Plan

The Your Pay Plan Workbook, developed by the Nasdaq Entrepreneurial Center, Fair Pay Workplace, Penn State University, and KPMG with support from Wells Fargo Foundation, is designed to empower small business owners to establish fair pay practices from the start. This interactive workbook guides you in aligning your values with your pay strategy, beginning with yourself. Through targeted exercises, the workbook helps you set realistic pay goals, assess when to increase your salary, and consider the affordability of hiring or expanding your business.

Fair pay goes beyond individual earnings—it builds dignity and equity for families, communities, and future generations. Additional resources include the Fair Pay Workplace Guide for team compensation strategies, and a Research & Findings section addressing pay, ownership, and valuation gaps impacting women and women of color. These tools support you in taking steps toward equitable compensation, allowing you to value yourself and leverage fair pay practices to drive business growth and social impact.

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