Compensation Metrics: How To Analyze Pay And Make Better Decisions
Webinar: ID# 1001765
About This Course:
If you’re an HR professional trying to make smart decisions about your organization’s compensation structure, you need hard numbers, and you need to know how to use them.
Getting comfortable with metrics processes and the language of compensation plans is vital not only to your career, but also to your organization. Using the right workplace metrics can help you make an accurate assessment of how your organization is performing right now and reveal areas in which you can improve. And, it's required by the other executives you need to buy-in to your proposals.
Join us on to learn compensation metric fundamentals, and how to use your new skills to support recommendations that will impress even the toughest of CFOs. Learning Objectives:
About Your Presenter:
- What comp analytics are and why they matter
- How to speak comp lingo: basic language and comp calculations
- What comp metrics reveal about your organization and pay structure, including issues you can catch before they become problems
- The most commonly used metrics, including: hourly pay structure, rate ranges, pay differentials, and compensation ratios
- How you can use comp metrics to validate those hunches you have
- How to flag potential litigation fires before they ignite
- How to use linear regression to chart a salary plan for the future
- How to use metrics to nail the true cost of recruitment, retention, benefits, turnover, and more
- How to use comp metrics to communicate with executives and back up your case
- And much more!
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.