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Course/Product Description
Title:

Pay Grades And Job Values: A Step-by-Step Process For Assembling A Competitive Compensation System

SKU:WC-1021698
Date / Time: Recorded
Format: Webinar
Description:

When looking at pay ranges and contemplating re-ranking jobs, moving positions, reviewing internal equity, or adding variable pay systems into your total reward compensation mix, things can get overwhelming if you don’t have solid strategy for the systematic approach you’ll take.

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 you acquire is, your internal compensation will likely be too high or too low.

Pay grade determination is often overlooked as many focus only upon pay survey data in a process known as market pricing. But how can you price non-benchmarked jobs without survey data? You need an internal method to grade and indirectly price them.

Join us when presenter John Rubino, president of Rubino Consulting Services, reveals how you can overcome common pay grade challenges and establish effective benchmarks at your organization.

Learning Objectives

  • What pay grades are, and the correct way to determine them
  • How a pay structure (a set of pay grades and ranges) is built
  • When to pay above market (and sometimes below!)
  • The top ways that pay grades and performance/merit pay programs must be coordinated
  • How pay grades interact with variable pay, and why this connection matters
  • When and how to conduct an internal equity review
  • Strategies for addressing pay inequities, while minimizing your legal liability
  • How variable pay plans affect pay structures and pay analyses
  • And much more!
About Your Presenter

John Rubino
President
Rubino Consulting Services

John Rubino 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.

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: 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.
More Info: Contact Us For More Information
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Keywords For This Course:

Pay grades, compensation, benchmarking

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