Reward Hour April 2025: Lessons learnt from building compensation structure at Luminovo

Structure is key to a successful compensation strategy.

From operating principles, to levelling frameworks, to salary ranges, it’s these solid foundations that enable consistent decisions to be made across a growing team – crucial for employee clarity and for maintaining pay equity.

But it’s hard to get right.

For early-stage startups, figuring out the right approach and ensuring it’s robust enough to scale with your team and processes is tricky.

For larger companies, the effort and change management needed to fix inconsistencies with renewed structure can be monumental.

In this month’s Reward Community Office Hours, discover how Luminovo’s People Lead, Hannah Reif, tackled startup compensation challenges, implementing a straightforward, data-driven, and future-proofed compensation structure that is now able to effectively scale with them as the team grows to 200 FTEs and beyond.