Market-Based Pricing: How To Use Market Data To Set Salary Ranges And Retain Top Talent
|Date / Time:
Determining the correct market rate for your best talent is a tall order.
If you’re underpaying an employee, they may move on. Overpay, and you’re throwing cash out the window. Finding the best market data to assess and establish your pay rates helps keep your organization running productively.
If your salary ranges fall within market ranges, you can be more confident in your ability to attract and retain high quality workers. But it can be tricky to find and accurately interpret the salary survey information you need.
Join us for an in depth explanation of the essentials for using market data to determine salary ranges. Our presenter, a skilled comp expert, will show you how to use market data to improve hiring and retention, what data is most effective to use (and what could get you into trouble), how best to structure your salary surveys, and how to balance competitiveness with reasonable pay.
In just 90 minutes you’ll get vital information on how to use market data to your best advantage to attract and retain the top employees needed for your organization’s success!
- Why it’s essential to use market data to determine salary ranges
- How to make sure your job descriptions are up to date, and when you need to re-evaluate jobs
- How to ensure you have carefully evaluated jobs and compared them with similar positions internally
- How to select market data surveys using the position you’re determining the salary for, the size of the company you want to compare, and more
- How to determine the best salary ranges for your company
- And much more
About Your Presenter
Rubino Consulting Services
John Rubino is the founder and president of Rubino Consulting Services. He has more than 30 years of experience designing and implementing human resources programs for a wide variety of organizations in the financial services, technology, manufacturing and public sectors as both a practitioner and consultant. Prior to forming his own company, he was senior manager of consulting for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company.
As an internationally acclaimed speaker, Mr. Rubino conducts numerous presentations to global audiences. He is also a speaker, course developer, and seminar leader for WorldatWork (formerly the American Compensation Association) and the American Management Association, as well as a speaker for SHRM’s annual conferences. Mr. Rubino is the author of two books: Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees.
A Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), Global Remuneration Professional (GRP), and Work-Life Certified Professional (WLCP), Senior Practitioner in Human Resources (SPHR), Mr. Rubino holds a BA from Wagner College, an MBA from the Lubin Graduate School of Business, Pace University, as well as a Lifetime Achievement Award from WorldatWork and an Honorary Membership Award from the South African Reward Association (SARA) based in Johannnesburg.
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|Licenses / Designations / Educational Credits:||PHR / SPHR Re-Certification Credits|
All US States: 1.5
|About The Provider:
||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:|
salary ranges, salary surveys, market data
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