Compensation Metrics: How to Gather and Calculate Key Data so You Can Pay Appropriately
If you're looking to improve your compensation program, it's important to look at the base pay metrics for your organization. If you don't, you run the risk of missing an opportunity to optimize your strategy to ensure that it fits in with your overall compensation philosophy.
There are many types of both internal and external compensation metrics that can be used to achieve the goal of improving an organization's overall compensation strategy, including compa ratios and salary penetration ranges. It's also important to take a close look at a number of factors, including annual payroll, average hourly rate, number of employees, and more.
Don't miss our informative webinar when we'll discuss the key types of metrics to use when you're trying to determine whether your salary ranges are appropriate for your organization.
- The most useful compensation metrics for managing your organization's compensation plan
- How to accurately calculate salary range penetration
- The relationship between salary range penetration and compa ratio
- How reviewing employee compensation within a given salary range can help you zero in on whether your salary ranges are too wide or too narrow
- Best practices for using compensation metrics to determine if you're paying at, above, or below the market target
- Key questions you should be asking about your pay practices and overall compensation philosophy once you've gathered your data
- And much more!
In just 90 minutes, you'll learn the metrics you need - and how to interpret them - to be sure your compensation program is optimized. Register now for this informative event risk free.
About your presenter:
Terry Pasteris is president of TLMP Consulting Group. Prior to founding TLMP, Ms. Pasteris led global compensation functions in several corporations and has consulting experience including Partner and Vice President of the Hay Group. Ms. Pasteris' work covers all areas of rewards at executive, sales, and all employee levels, both domestic and international. She is a CCP and GRP and holds an M.A. and a B.S. from the University of Illinois at Urbana.
|Licenses / Designations / Educational Credits:||PHR / SPHR Re-Certification Credits|
All US States: 1.5
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||BLR® is the leader in helping organizations, and their employees, reduce safety, environmental and employment compliance-related legal exposure, stay on the right side of law, and achieve their full potential. We offer best-in-class compliance product and services that includes news, information & analysis, best practice guidance, employee training and turn-key tools delivered in a wide range of formats from online applications, live events and websites to books, CD's, Video, Posters and newsletters geared to all sized organizations and industries.
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|Keywords For This Course:|
base compensationsalary range penetrationsalary midpointcompa ratio,, compensation,, compensation metrics
|Currently Scheduled Dates For This Webcast|
|Compensation Metrics: How to Gather and Calculate Key Data so You Can Pay Appropriately||CD/On-Demand||$229.00||
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