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| Title: |
| Date / Time: |
Recorded |
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Audio Conference |
Description:
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This training session discusses the concept, implementation, and best practices associated with a merit matrix.
Implementing a merit matrix is one of the easiest yet most direct ways to link pay with performance and manage turnover.
This training session provides insight into varying types of merit matrix models as well as an example of the implementation process.
Learning Objectives
During the presentation, you will learn about:- What is a Merit Matrix – and why use it?
- The foundation of a Merit Matrix, including:
- Market based compensation
- Compensation increase budgeting
- Review of a sample Merit Matrix model
- How to avoid common pitfalls that many companies encounter when implementing a matrix
About Your Speaker
Ed Rataj is the Managing Director of Compensation Consulting at CBIZ Human Capital Services. He has over sixteen years experience in the area of human resources, focusing on designing innovative compensation programs. Prior to joining the Firm, Mr. Rataj served as a Compensation Consultant for Mellon (formerly known as Buck Consultants), and was employed by William M. Mercer.
Mr. Rataj's expertise includes designing market-based and job evaluation-based compensation programs, linking pay with performance, pay structures and compensation surveys, as well as developing policies and procedures. He routinely serves as an expert witness on matters of compensation and was recently quoted as an expert in the area of compensation in the Wall Street Journal and Smart Money magazine.
Mr. Rataj is a certified Compensation Professional (CCP), is the past President of the St. Louis Compensation and Benefits Network (CBN), and is a member of WorldatWork (formerly known as the American Compensation Association).
PHR / SPHR Credits!
This program has been approved for 1.5 recertification credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org. The use of this seal is not an endorsement by HRCI of the quality of the program. It means that this program has met HRCIs criteria to be pre-approved for recertification credit.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in On-Demand Or CD versions, as shown in the pricing options below. |
| About Webcasts / Audio Conferences / Podcasts: |
Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions. |
| Licenses / Designations / Educational Credits: |
PHR / SPHR Re-Certification Credits All US States: 1.5 |
| About The Provider: |
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Keywords For This Course: Sales Compensation, matrix
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