👉 Pay engineering is a specialized field within software engineering that focuses on optimizing the compensation structures and incentive systems for software engineers. It involves designing, implementing, and managing pay models that align with business objectives, performance metrics, and market conditions. Pay engineers analyze various factors such as job roles, skills, contributions, and industry standards to create competitive and fair compensation packages. They also develop performance-based incentives, bonuses, and equity plans to motivate engineers and drive productivity. By balancing internal equity and external competitiveness, pay engineering ensures that organizations attract, retain, and motivate top talent while maintaining financial sustainability.
