In this episode of The Mason Duchatschek Show, compensation expert Scott Trumpolt explains how aligning pay with purpose can transform your workforce. He breaks down the connection between career development, pay transparency, and employee engagement, offering practical insights for business owners, CEOs, and HR leaders.br br Scott reveals how new pay transparency laws are reshaping communication, why voluntary turnover often signals deeper compensation issues, and how pay equity audits can uncover surprising disparities. Learn the strategies that turn compensation from a compliance task into a strategic advantage that boosts engagement, retention, and performance.br br If you want to future-proof your company’s pay strategy, attract top talent, and build a culture of trust and purpose—this episode is a must-watch.br br 🎧 Listen to the podcast version:br br Timestampsbr br 00:00 – Aligning Pay with Purposebr 03:07 – The Importance of Career Developmentbr 06:40 – Transforming Compensation from Compliance to Engagementbr 10:09 – Identifying Warning Signs of Pay Transparency Issuesbr 11:28 – Linking Pay to Career Developmentbr 13:46 – Balancing Market Pay Structuresbr 16:49 – Common Mistakes in Bonus and Incentive Plansbr 20:05 – Impact of New Transparency Lawsbr 22:51 – Surprises from Pay Equity Auditsbr 24:47 – Empowering Managers to Discuss Paybr 26:23 – Future Trends in Compensation Strategybr 28:55 – Key Advice for Business Ownersbr br Key Takeawaysbr br Aligning pay with purpose enhances engagement and loyalty.br br Link career development directly to compensation.br br Transparency in pay builds trust and motivation.br br Voluntary turnover is often a compensation warning sign.br br Pay equity audits can expose hidden disparities.br br Managers must be equipped to discuss pay effectively.br br Market-based structures should remain adaptable.br br Incentive plans must be simple, transparent, and fair.br br Transparency laws are redefining how pay is communicated.br br Employee engagement drives business success.br br Recommended Playlistsbr br Full Episodes – The Mason Duchatschek Showbr br Workforce Strategy & Career Growthbr br Shorts – Mason Duchatschek Showbr br About The Showbr br The Mason Duchatschek Show brings together business owners, CEOs, and experts to share real-world strategies that drive performance, engagement, and profit growth. Each episode explores practical ideas that leaders can use immediately to strengthen culture, boost retention, and unlock hidden value within their teams.