Pay Increase Planning: Smart Strategies To Drive Performance And Stay On Budget
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There’s no shortage of discussion about how companies can retain employees and offer good benefits, upward mobility, and a great work environment. But at the end of the day, there’s one main reason we all go to work: pay - often with the hope of earning more of it.
When it comes to increasing pay for your employees, you can quickly find yourself in a sort of analysis paralysis.
How do you raise pay in a way that not only increases retention of your top performers, but also makes financial sense for your bottom line? How do you proceed in a way that’s fair?
Join us when John Rubino, an expert in compensation management, will walk through the different pay increase options available (including the difference between cost-of-living increases versus pay-for-performance), how they differ, and which one might be right for your organization.
In just 90 minutes, you’ll gain a better understanding of pay increases and how to lay out a pay plan that will help your company in the future.
About Your Presenter:
- How a salary structure is built, and different methods of putting them together
- When to pay above market – and when it makes sense to pay below
- The difference between COLA and pay grades, and how to determine which works best for your company
- Key ways that pay grades interact with variable pay and influence your pay programs
- How to address pay discrepancies and inequalities in ways that comply with the law
- Laws you need to know when it comes to pay increases
- How and when to conduct pay program reviews
- How to make changes to your pay increase structure
- New trends in how pay is structured and increased
- And much more!
Founder and President
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 resource 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 Johannesburg.
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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:|
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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.
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
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|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.
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|Keywords For This Course:|
Compensation, increases, pay increases, raises, 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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