Advanced Compensation Metrics: Leveraging The Latest Analysis Strategies To Inform An Effective Pay Plan
|Date / Time:
You’ve already gathered data on revenue or expense per employee, you’ve calculated compensation as a percentage of revenue or total expense, you’ve factored in overtime rates and average full-time equivalent compensation.
But before you start to analyze all of this data, know there are new strategies available that can help you gain even greater insight into the effectiveness of your compensation design.
Join us on when presenter John Rubino, CCP, CBP, GRP, WLCP, SPHR, will take you on a deep dive into proven and advanced compensation measurement techniques that go beyond the fundamentals, including how to use linear regression, multiple regression, percentiles, and standard deviation to determine the effectiveness of your pay practices.
You’ve done the leg-work of collecting the data, now make sure your analysis is as meaningful as possible so it can help mold, support, and secure buy-in for your compensation strategy.
About Your Presenter
- Best practices for applying linear regression and multiple regression
- How to calculate and analyze your pay positioning relative to internal equity and external competitiveness
- The role of standard deviation in aiding in design and analysis of compensation programs
- What to do with data related to job evaluations and market surveys
- And more!
John Rubino, CCP, CBP, GRP, WLCP, SPHR
Rubino Consulting Services
John Rubino, the founder and president of Rubino Consulting Services, 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, 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. John 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.” In addition, he has written numerous articles on human resources program development and is frequently quoted in professional publications. 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), 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
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|Keywords For This Course:|
Compensation metrics, compensation strategy, compensation
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