In today's competitive job market, guesswork, your intuition, or a dartboard aren't the answer to establishing a variable compensation strategy. Gain insight into the "best-practice" process used to set pay that is legally defensible, perceived as fair and able to attract, retain, engage, and motivate a high-performing workforce. Explore the role of "total rewards" and obtain an overview from compensation professionals on program communication and administration.
- Recognize commonly used compensation phrases and explain which data to use in a survey.
- Respond to employee questions about their pay.
- Defend how market pay information helps drive good decisions about employee pay.
This course is a prerequisite for attending the Compensation Program Design: A Workshop program.
Who Should Attend:
Designed for newcomers to HR and those looking to broaden their HR knowledge.
Please bring an electronic device or laptop.