Overview:
At least once a year, it’s necessary for compensation professionals to review pay ranges and think about re-ranking jobs, moving positions, reviewing internal equity, or adding variable pay systems into the total reward compensation mix. You might be hoping that a change in your pay grade structure will result in getting maximum productivity from your employees, and at the very least, retaining top talent.
Whether you want to reward performance, time, knowledge, skills, or competencies, determining pay grades is the first step to creating an equitable, competitive compensation system. Without accurate pay grade determination, it won’t matter how good the pay survey data is that you may acquire, your internal compensation will likely be too high or too low.
Learn how to create an equitable and competitive compensation system and attract and retain the best employees. Attend our in-depth webinar with a seasoned expert on employee compensation, and learn how to put together the compensation puzzle for best results all around!
Learning Objectives:
-What job grades are and the correct way to determine them, for either creating or revising a pay structure
-How a salary structure is built, with examples of different methods of putting them together
-When to pay above market—and when it makes sense to pay below
-Key ways that pay grades influence your performance/merit pay programs
-How pay grades interact with variable pay
-When and how to conduct an internal equity review
-How to address pay discrepancies and inequities without creating legal liability
-What to do about pay discrepancies between men and women in similar positions
Why attend this Training:
Participants will gain valuable information on how to create an equitable and competitive compensation system in order to attract and retain the best employees!
Duration: 90 Minutes
Who should attend?
-Compensation Directors, Managers and Analysts
-Human Resources Directors
-Total Rewards Professionals
-Operations Executives and Managers
-Finance Directors and Managers
-Business Unit Heads
You may ask your Question directly to our expert during the Q&A session.
John Rubino
John A. Rubino, SHRM-SCP, CCP, CBP, GRP, WLCP, is founder and president of Rubino Consulting Services, a global human resources consulting company based in Pound Ridge, New York. His areas of expertise cover all areas of Human Resources program design. An internationally-acclaimed speaker for SHRM and WorldatWork, John is the author of numerous human resources articles, and is frequently quoted in professional publications. He holds BA and MBA degrees, as well as a lifetime Achievement Award from WorldatWork. John works with a wide variety of organizations and his consulting practice takes him all around the world; in fact, he has visited more than one hundred countries!
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