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.
- Understand the two critical pay policy decisions to apply after compensation philosophy and strategy are established.
- Conduct a job analysis.
- Write useful, legally compliant job descriptions.
- Explain how wage grades are assigned to jobs and salary structures are developed.
- Demonstrate 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:
Newcomers to HR and those looking to broaden their HR knowledge.
Please bring an electronic device or laptop.
To find out more about the services we offer, or to speak with a specialist about your specific needs, complete this form and one of our experts will reach out to you shortly.
Can’t wait? Call us now at 800.488.4845.