Fundamentals Of Market Pricing: How To Interpret Salary Data And Make Better Offers
Employers need to know what the market rate is for every position to stay competitive in the labor market.
If you're underpaying an employee, she may move on. Overpaying, and you're throwing cash out the window. So how can you find that sweet spot? Finding the best market data to assess and establish your pay rates helps keep your organization running efficiently.
The process of market pricing can help in decisionmaking and tell you where your company stands as far as leading or lagging in relation to similar organizations. And market pricing can bolster your ability to attract and retain high-quality workers. But it can be tricky to find and accurately interpret the salary market survey information that you need.
Join us for a “soup-to-nuts” explanation on the essentials of market pricing. Your webinar leader, a seasoned compensation consultant, will teach you where to look for up-to-date, reliable data, and how to interpret that data for your unique organization.
About Your Presenter
- How to ensure your job descriptions are up-to-date, as job responsibilities change over time
- How to define hybrid jobs that may have morphed because of changes in technology, layoffs, and goals.
- How to determine benchmark job categories
- Which market surveys to select and where to go for trustworthy data
- When to use free or paid survey data
- What information from the data is vital
- How strategic market pricing can help attract and retain key talent
- How to assess data history and use surveys strategically
- How to determine whether you lead, lag, or lead-lag your industry, and make better decisions as a result
- How to determine the best employee compensation rates for your organization
- And much more!
John Rubino, owner of Rubino Consulting Services, has over 30 years of experience, both as a practitioner and consultant, designing and implementing human resources programs for a wide variety of organizations in the financial services, technology, manufacturing, and public sectors. Prior to forming his own company, Mr. Rubino was senior manager of consulting for Ernst & Young, LLP, and director of executive compensation for The Equitable Life Insurance Company. Mr. Rubino conducts numerous presentations for global audiences and 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 at SHRM's annual conferences. Mr. Rubino is a Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), Global Remuneration Professional (GRP), and Work-Life Certified Professional (WLCP), and a Senior Professional in Human Resources (SPHR).
|Licenses / Designations / Educational Credits:||PHR / SPHR Re-Certification Credits|
All US States: 1.5
British Columbia: 1.5
New Brunswick: 1.5
Newfoundland and Labrador: 1.5
Northwest Territories: 1.5
Nova Scotia: 1.5
Prince Edward Island: 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:|
Salary, Compensation, Hybrid jobs
|Currently Scheduled Dates For This Webcast|
|Fundamentals Of Market Pricing: How To Interpret Salary Data And Make Better Offers||CD/On-Demand||$229.00||
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