Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance

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Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance

Bookmark Add to Calendar 2018-06-25 15:00:00 2018-06-25 16:30:00 America/New_York Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance Live SignupTraining hello@signuptraining.com

Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance

4431

Duration : 90 Minutes

This course, has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).

Martin Levy, SPHR, SHRM-SCP,

Martin Levy, SPHR, SHRM-SCP, Corporate Trainer & Consultant Martin is currently the President of Human Resources 4U, a locally owned, full service Human Resources cons Read more

Description

Salary expenses are generally the largest fixed cost and employer has. By creating a salary structure that is rational and linking it to a merit system, you will have a tool that will be very effective in helping you to control your salary expenses. This webinar will provide you with the basic concepts and understanding on how to create a salary structure and link it to a merit system.

This webinar will help you answer the following questions:

• How much of a salary increase is too much, too little?
• How can I distinguish between excellent, average and poor performers?
• What should I offer as a starting pay rate?
• How can I control my salary related costs?

After this webinar you will be able to create a Salary Structure that:

• Is easy to understand, everyone know the rules
• And supervisors like because it:

i) Minimizes defensiveness
ii) Minimizes “squeaky wheel” approach to increases

Course Objectives:

By the completion of this webinar, participants will be able to develop a:

• Systematic approach to starting pay
• Systematic approach to salary increases
• Fair, equitable, rational approach to merit pay
• System that minimizes pay discrimination and preferential treatment claims

Course Outline:

• Create ADA Job Descriptions (helpful)
• Create Job Families
• Compare to Current Situation
• Create Salary Structure
• Match Jobs to Structure
• Obtain Current Salary Data
• Create Pay Grade Matrix
• Link Matrix to Merit/Promotion System

What You Get:

• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points

Who Will Benefit:

• Business Owners, Managers
• Chief Financial Officers
• Human Resource Professionals
• Compensation professionals
• Financial Professionals

Webinar

Duration : 90 Minutes

Recorded Version

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