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Course/Product Description
Title:

The Merit-Based Salary Matrix: A Winning Performance Model To Steer Compensation Efforts In The Right Direction

SKU:WC-1023426
Date / Time: Recorded
Format: Webinar
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Description:

It’s a question that every manager struggles with at least once a year: How do you properly distribute merit-based pay increases?

You want to reward your highest performers in a way that keeps them happy and productive. Yet, you want to be fair and balanced, and to encourage improved performance from all team members.

It’s essential that your salary decisions communicate the right message. How you distribute increases sends a message to your employees about the kind of work ethic and approach to work that gets rewarded, and what you would like to see in the future.

Join us for strategies and tactics designed to help you guide your organization’s compensation policy and practice, particularly when it comes to merit increases. Through examples and case studies, seasoned compensation consultant John Rubino will walk you through the concept of a merit-based performance matrix and explain how to put the matrix into practice right away to get your compensation efforts headed in the right direction.

Learning Objectives:

  • What the landscape of merit increases looks like
  • What a compensation matrix is, and why you should consider using one
  • The problems employing a matrix may solve - and the side effects it may create
  • Why you need to focus on actual pay, versus percentage increases
  • The homework you need to do to get ready to begin using a salary increase matrix
  • How not to fear matrix math - it’s simpler than you think!
  • How to tackle fairness issues - how do you wisely slice and dice your salary increase budget with the help of a matrix?
About Your Presenter:

John Rubino
President, Founder
Rubino Consulting Services.

Mr. 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. 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), 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.

Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in On-Demand version, 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
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:

Compensation, matrix, salary increase matrix, total compensation, performance management, pay, market rates, salary survey, salaries, labor costs, pay ranges, benefits, recruiting, retention, turnover, hiring, human resources, HR, payroll

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